In the wake of Aspen Music Festival and School Corporation’s recent vote of no confidence, I’ve received a number of email queries asking about what votes of no confidence are, how they work, and why they are used. The prevailing question is “So what’s the purpose in taking a vote of no confidence if the results aren’t binding?”…
Aspen Music Festival
Aspen’s Day Of Reckoning?
Unless plans change, members of the faculty, staff, and board of directors of the Aspen Music Festival will conduct a vote of no confidence in president and CEO Alan Fletcher. From a governance perspective, the vote is not actionable in the sense that the board must adopt any course of action based on the outcome. As such, it carries more weight as a political tool and to provide an official forum for board members to entertain stakeholder feedback…