One flashlight per organization Feb 10 2009
This is a term I learned from a banker I worked for 20 years ago, people who shine brightly in one direction, but don't let off too much light otherwise. Flashlights are kind of useless as board members, despite big reputations and good resumes -- they're just not lateral thinkers and don't really want to dig in. Every company is allowed one flashlight, but it better be the CEO. It's hard to know where to go when the light is shining in two (or more) different directions.