How should a board manage a maverick CEO?

Elon Musk is in further trouble with US regulators over a tweet. His behaviour raises big questions for chairs elsewhere forced to manage mercurial chief executives.

Elon Musk. Photo: Phil Stafford / Shutterstock.com
How do you solve a problem like Elon Musk? The impulsive chief executive of Tesla seems rarely out of the news. But it’s not always for the right reasons.
Within days of chalking up success with Dragon, the SpaceX spacecraft that last week safely travelled to and from the International Space Station, Musk is once again in hot water with the Securities and Exchange Commission (SEC), the US financial watchdog, over a tweet.
Tesla investors must hate turning on the news. But the board must dread it more; they’re the ones—particularly the chairman—who have to deal with the problem directly; not only confronting the CEO, but also tak
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