It shouldn’t take a governance crisis to prompt a review of board composition. As industry changes force shifts in corporate strategy, most CEOs will, at some point in their tenure, find it necessary to ask themselves whether they have the right mix of expertise, experience and business savvy to advise and challenge senior management on the path to success. A board that has served adequately, even exceptionally, during one phase of the company’s life, may well be ill-suited for the next phase.

Companies spend hundreds of millions on stock buyback programs that seldom achieve their intended goal.

The question isn't why to do it-but how. Here are a few savvy strategies that really work.

When white male employees at Abbott Laboratories begin complaining that all the good jobs go to women, Miles White knows his diversity drive is a success.

Corporate governance experts aren't saying who's got the best board anymore. Instead, they're demanding a slew of new best practices to bring directors' behavior into the bright light of day.