Director's Dilemma

The Board Scraps the Strategy. Now What?

By Julie Garland McLellan


Directorship Magazine

The Dilemma: Orlanda’s board is ready to abandon the company’s strategy because it isn’t working. The board members have reached the walk-away point that they set for themselves when it first became apparent that the strategy was not delivering. Management has been expecting it. There have been a few comments from analysts and institutional investors at road shows asking when the board will make a move, and last week there was an article about it in the press...

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This article is from the Fall 2022 issue of Directorship.