Beating earnings estimates quarter after quarter doesn't have much to do with long-term shareholder value.
Companies tend to be laden with bureaucracy, operate with a short-term mentality, condition managers to fear failure, and overstretch their teams, CEB says.
A challenging global economy has compelled boards of directors to focus on the future, new research reveals.
Some departing CEOs get a big payday even after performing poorly, but generous severance more often prevents poor performance.
