Key Takeaways
- A staggered board of directors is a system that typically aims to prevent hostile takeovers.
- In a staggered board approach, a company only opens up a portion of their director positions to election at any one time.
- Staggered boards typically consist of “classes” of positions, each holding elections in different years.
What is the meaning of staggered?
1. To cause to totter, sway, or reel: The blow staggered him. 2. To astonish, shock, or overwhelm: a teacher staggered by a former student's accomplishments; a company staggered by increases in energy costs. 3.
What is a staggered board?
A staggered board is a board that consists of directors grouped into classes who serve terms of different lengths. A staggered board is typically established to dissuade a potential hostile takeover bid.
What is staggered rollout and how does it reduce risk?
A staggered rollout reduces risk, allowing you to test change before you move onto full implementation. For example, if a retail company wants to open stores in a foreign country, it will reduce risk by trialing one store in one location first, even if its long-term plan is a country-wide network of stores.
What is the opposite of staggered?
Staggered: as in overwhelmed, stunned. Synonyms: overwhelmed, stunned, stupefied… Antonyms: unimpressed, disinterested, incurious… Find the right word.
What is an example of staggered?
A hard slap on the back staggered him. It staggers me to see how much money they've spent on this project. They staggered the runners' starting positions. Noun He walked with a slight stagger.
What does staggered position mean?
Definition of staggered stance : a football stance in which the feet are spread to the width of the hips and the toe of one foot is on a line behind the heel of the other foot.
What does a staggered schedule mean?
What Is Staggered Time. Staggered time is an arrangement where employees can vary their start and end times to suit their work and personal commitments. These flexible bands should at least contain a 2-hour window (e.g. 7am to 10am start time and 4pm to 7pm end time).
What is staggered hours mean?
Staggered hours are another type of flexible working. It refers to an arrangement where individuals have different start and finish times than other employees.Nov 14, 2021
What does "stagger" mean?
A tottering, swaying, or reeling motion. 2. A staggered pattern, arrangement, or order. 3. staggers(used with a sing. verb) Any of various diseases in animals, especially horses, cattle, or other domestic animals, that are characterized by a lack of coordination in moving, a staggering gait, and frequent falling.
What does "staggered" mean in the context of theater?
To astonish, shock, or overwhelm: a teacher staggered by a former student's accomplishments; a company staggered by increases in energy costs. 3. To place on or as if on alternating sides of a center line; set in a zigzag row or rows: theater seats that were staggered for clear viewing. 4. To arrange in alternating or overlapping time periods: ...
What does "arrange" mean in sports?
6. Sports To arrange (the start of a race) with the starting point in the outside lanes progressively closer to the finish line so as to neutralize the advantage of competing in the shorter inside lanes.
What is a staggered board?
A staggered board is typically established to dissuade a potential hostile takeover bid. A typical staggered board has three to five classes of positions on the board, each carrying terms of service that vary in length, allowing for a staggering of elections.
Why is a staggered board classified?
A staggered board is also known as a classified board because of the different classes involved. During each election term, only one class of positions are open to new members, thereby staggering the number of openings available within the board directorship at any one time.
What is a staggered board of directors?
A staggered board of directors is a system that typically aims to prevent hostile takeovers. In a staggered board approach, a company only opens up a portion of their director positions to election at any one time. Staggered boards typically consist of “classes” of positions, each holding elections in different years.
What is a staggered rollout?
A staggered rollout allows you to trial change in discrete business areas. You can test how it works, gather stakeholder opinions and make improvements as you go along. For example, if a company is rolling out a new software system, it could stage implementation by department.
Why is a staggered rollout plan important?
Better Stakeholder Engagement. A staggered rollout plan gives stakeholders more time to come to terms with the change and to accept it. This is especially useful with employees who may be resistant to change. If they can see that the new rollout works for other employees in each stage, they'll be more positive about it.
How does rolling out a new system affect productivity?
Rolling out a new internal system or process may affect your productivity. If you stagger the rollout, you can restrict this to one area of your business at a time. For example, if you want to implement a new financial reporting process, you can roll it out to one office first.
Is it better to roll out a full rollout or a staged rollout?
In some cases, it makes sense to go for a full rollout, making an immediate company-wide change. In others, it may be better to use a staggered rollout, using a staged release process. This approach has some advantages. For example, it may reduce risk and minimize negative effects on productivity. It also gives you time to make improvements ...
Can you run a staggered rollout plan?
You can run a staggered rollout plan by departments, offices or locations. If you're about to launch a new product, service, system or process, you must decide how to roll it out. In some cases, it makes sense to go for a full rollout, making an immediate company-wide change. In others, it may be better to use a staggered rollout, ...
