The Perfect Corporate Board: A Handbook for Mastering the Unique Challenges of Small-Cap Companies

FOREWORD

ALEXANDRA R. LAJOUX

“Lost on the Moon,” the classic group exercise, begins with a bang—the imaginary crash of a spaceship. The goal for participants is to get back to the mother ship on a transporter ASAP. Astronauts in the scenario have 15 items, but because of space constraints, they can’t take them all. What should they pack? Choices include a box of matches, oxygen tanks, water, a compass, and so forth. NASA asks participants to rank their choices from 1 (most important) to 15 (least important); responses are then checked against NASA’s answer sheet. As it turns out, a compass and matches rank only a 14 and 15 for NASA; they are useless in outer space. By contrast, oxygen tanks and water rank a high 1 and a 2, respectively. Without ...