ure brought about include changes that the board of directors has had to adapt to, as well. As representatives of the shareholders of the organization, the board's first responsibility is to ensure that the stock maintains its value, and provides a high return to its shareholders. In order to do this, the board must constantly be on the lookout for new opportunities and markets that may provide short-term returns and long-term potential for the company. Since the board of directors ultimately selects the president and managers of the organization, it is the vision of the board that the managers must try to implement. If the managers are unable to do so, they find themselves replaced. It was the board which moved Robert Allen into the position of chairman and chief executive officer, and it is his vision which the company is now pursuing.
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