Tesla (TSLA) CEO Elon Musk's alleged pressuring of board members to use drugs spotlights broad issues in corporate governance, Fletcher School of Law and Diplomacy Lecturer Gautam Mukunda states. Mukunda argues that no CEO is "so brilliant" as to be above accountability.
Mukunda believes Tesla's board seems to view Musk as a "once-in-a-generation genius" who must get anything he wants. However, Mukunda contends "there is no such thing" as someone so talented they aren't improved by oversight.
In Mukunda's view, "a board that is so dependent on" its CEO that it avoids calling out mistakes "is not helping" that leader reach their potential. He notes rules exist to counter the human "tendency" of power corrupting.
Mukunda emphasizes that properly governing a CEO means constructively challenging them. Rather than granting any wish, directors must provide guidance - and discipline when warranted.
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Editor's note: This article was written by Angel Smith
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