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Our commitment to enforcing good policy governance
Author(s) -
Stockman David
Publication year - 1999
Publication title -
board leadership
Language(s) - English
Resource type - Journals
eISSN - 1542-7862
pISSN - 1061-4249
DOI - 10.1002/bl.38619994404
Subject(s) - corporate governance , obligation , point (geometry) , management , on board , public administration , business , political science , law , engineering , economics , geometry , mathematics , aerospace engineering
David Stockman, senior vice president of Lawry's Restaurants, Inc., chairs the board of the California Restaurant Association (CRA). The association represents California's $28.5 billion restaurant industry. The CRAboard reached a pivotal point on March 8, 1999, as it adopted new, carefully crafted policies to put the Policy Governance model into effect. Here are Stockman's introductory words at the March 8 board meeting. We include them to illustrate one chair's conscientious effort to remind his colleagues, gently but firmly, not only of the commitment to discipline. the board has adopted but also of the obligation the board has given him to enforce that discipline.