I was asked this question yesterday.  Should management be held to the same type of malpractice standards as doctors?

I am sure we have all experienced or heard of a new leadership team coming in to lead a company just to have them destroy the value in the business and walk away as multi-millionaires with giant golden parachutes.  Now, I am not talking about illegal actions as we experienced a few years ago.   This is referring simply to mismanagement.

Should they be held personally liable for these types of failures?  If so, how do you do that and to what extent?

Love to hear your thoughts.  Click on Comments below at lower right to reply.  Again, the response function on this blog does not identify the person replying so your response is anonymous.