[5teev]

> I think this is a distinct C-level problem. And if managers aren't being held accountable, that a C-level problem, too.

The C-levels are content with directors who "manage up" instead of looking past them to see what's really happening on the ground.

[kenjackson]

The C-levels just need to look at stock performance and profit to see there's a problem. There is nothing that a director level person should be able to say to a C-level to make them feel comfortable.

[rbanffy]

Stock performance is a not a very good indicator, as it reflects emotion more than anything else. Profits and profit-margin, OTOH, are ones to keep an eye on all the time - whatever they do, you better know why they are doing it. If you lose control of both, you shouldn't wait for the chairman to fire you - help the board find a replacement and get out.