Leadership positions on goverance (including environmental governance) after Enron.

The AHC Group announces the publication of a Special Double issue of its executive briefing journal, Corporate Strategy Today ("CST", on corporate governance after Enron. This issues examines the lessons of Enron and charts examples of corporate goverance changes in three major corporatiion: Ashland, General Motors and Dow. It offers sound advice to Board Members, top management and EHS officers in the trenches.

The AHC Group announces the publication of a Special Double issue of its executive briefing document, Corporate Strategy Today ("CST") on Leadership Positions on Governance (including environmental governance) after Enron.

In the words of corporate governance expert Richard Maclean whose "Lessons from Enron" appears in this CST issue, "Enron is all about systemic goverance failure".

The CST goverance issue is an outgrowth of a 32 company AHC Group Governance workshop in January 2002 led by Steve Percy, the former Chairman of British Petroleum North America, and Frank Boren, an ARCO Board member for 10 years and the former President of the Nature Conservancy. Ashland's aggressive efforts to sharpen its goverance review, procedures and the positive market results there from after a significant environmental accident in the 1980s were the subject of a presentation by Asland's Vice President Glenn Hammer at the workshop. Hammer's presentation is the lead article in this issue of CST. Ashland's experience demonstrates "that post-Enron world corporations with good leadership and the will to reform will respond appropriately" to the crisis affecting all corporations.

Denny Minano who for 31 years headed up General Motor's postions on energy, environment and communications and Sam Smolik, Dow's Vice-President of Environment, Health and Safety provide CST readers with thorough presentations on how their respective corporations have built a business case for moving beyond environmental compliance into the global world of sustainability. Minano offers "a new paradigm for business-using corporate governance as another way to build brand value" in the post-Enron world.

Chief Executive Darryl Vernon Poole of The Cambridge Institute for Applied Research, Inc. gets down to brass tacks in advising EH&S officers how to connect with their Boards and CEOS over their relevancy when it comes to a corporation's long term competitive advantage.

A unique feature of CST is the CEO Table that highlights the key points within each issue for the CEO reader. In CST5&6, Steve Percy, the former CEO of BP America, sets out the pointers in this issue's Table like: "Corporate goverance is about protecting corporate value, but good corporate goverance is about enhancing corporate value and brand."

For additional information on this issue contact Paul M. Brauy, Managing Editor, at pmbray@aol.com or Bruce Piasecki, Editor and President of the AHC Group, at bruce@ahcgroup.com. Find out about discount rates to subscribe to CST by contacting Celeste Richie at celeste@ahcgroup.com. For information on the AHC Group governance program, see www.ahcgroup.com.