Having the right balanced dynamics with the CEO; a round-table on succession planning; and a systematic format for how boards should view the M&A process so as to take maximum advantage of it:
CEO/Board Dynamics: http://bdti.mastertree.jp/f/m2bhv7is
Succession Planning: http://bdti.mastertree.jp/f/m2bhv7is
M&A Lies and Straight Talk: http://bdti.mastertree.jp/f/1kjmx980
Fairness Opinions: http://bdti.mastertree.jp/f/ie8xn97b
The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.