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Conference call: Tony Mirchandani CEO of RTM Engineering Consultants (Best Firm #37 Multidiscipline and Hot Firm #50 for 2016), a 120-person firm based in South Barrington, Illinois.
By LIISA ANDREASSEN Correspondent
Tony Mirchandani: To be effective, a board must understand and be aligned with the mission of the business and work to uphold its integrity. The reci- pe to creating its effectiveness lies in its members – who should be independent from the business and amix of individuals who possess best-of-class skills, both within and outside of the industry. A fiduciary board is required to protect the shareholders’ inter- est as well as find opportunities to increase value through strategy. While the CEO is responsible for proposing strategies and operating plans to achieve certain results during the year, it is the responsibil- ity of the board to hold the CEO accountable for ac- complishing these proposed outcomes. TZL: What’s the greatest problem to overcome in the proposal process? TM: The unpredictable nature of the proposal pro- cess is an ongoing challenge. Since each proposal is
T he Zweig Letter recently caught up with Tony to ask him about the recent acquisition of Texas firm Lippe and Associates Consulting Engineers . It’s 100 percent about culture matches. “To be effective, a board must understand and be aligned with the mission of the business and work to uphold its integrity.”
Tony Mirchandani, CEO, RTM Engineering Consultants
A CONVERSATION WITH TONY MIRCHANDANI.
The Zweig Letter: What’s the recipe for creating an effective board?
THE ZWEIG LETTER Ma
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