Democratization of Boards

A very interesting and timely piece in NY Magazine this past week by Roger Lowenstein titled, “A Seat at the Table.” It’s about the new SEC proposal giving stockholders a voice in who runs the companies funded by their hard earned investments. This move toward a “democratization of the board” is simply another indication that access to specialized information in the knowledge era is changing the dynamics of the business playing field. It’s a great idea and you’ll hear loud cries from CEO’s who don’t want any controls–much less oversight–placed on out-of-control spending. We’ll see what happens as this proposal moves forward. My guess is that the investor will win because it is simply part of the evolution of the world of work.

Ken Park full Body Bags release