Outrageously Funny Word Dictionary :: Kaisership

👉 In the context of business, a "kaisership" refers to a type of corporate structure where the board of directors is responsible for making decisions regarding the company's strategic direction and operations. This model allows for greater autonomy and decision-making power within the board, as well as improved accountability for the success of the company. In simpler terms, it means that the board of directors has complete control over the day-to-day management of a company, rather than having to consult with other stakeholders like shareholders

kaisership