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Economic Trends and Your Board [Podcast]
Tuesday, October 23, 2018

The latest episode of the Governing Health podcast series explores important economic trends and indicators, and their implications for boards and committee discourse. In this episode Michael Peregrine welcomes special guest John Challenger, CEO of executive outplacement firm Challenger, Gray & Christmas. John recently appeared on the Today Show and is one of the foremost thought leaders on the US economy and workforce.

This episode tackles the following issues:

  • The "million dollar question" of how long the economy will continue to grow, and when the finance committee should expect to see signs of a recession

  • The ramifications of the latest unemployment and job creation statistics

  • Whether the sudden termination of John Flannery indicates a new phase of “short termism” with respect to board oversight of the CEO

  • The trend of long-time CEOs keeping their jobs longer

  • The interplay of corporate economics and corporate social responsibility in recent developments, such as Amazon’s decision to raise its minimum wage to $15 and Harvard's wage practices aimed at benefitting low-pay service workers

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