It is important for the organization and particularly the CEO and board chair to be explicit in laying out their expectations for each board member.
Nevertheless, commodities across the board are higher on growing expectations for more Fed action.
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Despite the setbacks, "the board is confident of delivering its expectations for the full year", he said.
But any expectations that the Hewlett-Packard board had started on a new era of good will were premature.
Consumer expectations were improved, the Conference Board said, helping to push the outlook for the next three to six months above its earlier level.
With immense pressure on Chukwu and NFA officials to earn their passage to the knockout stages of the Nations Cup, Mohammed did not rule out the dissolution of the NFA board should they fail to live up to expectations in Tunisia.
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Mr. Kuroda, who has promised to go all out to boost the inflation rate to 2% in two years, has said bold easing by the central bank is needed, raising expectations for this week's policy-board meeting, the first under his watch.
The post-1992 shake-up and new party-finance rules have made politicians across the board much more careful, though Italians still have low expectations of their public servants: witness the readiness of many Italians to vote for Silvio Berlusconi, the right-wing opposition's leader, despite his convictions for fraud.
Very few organizations provide written job descriptions for their board members, but this is an excellent way of setting clear expectations.
Performance expectations are the heart of the contract between management, the board, and investors.
"If you write a call on your IBM shares, you reduce both risk and potential return, one for one, " says Bob Whaley, a Vanderbilt University professor who in 1993 developed the Chicago Board Options Exchange Market Volatility Index, or VIX, which tracks investor expectations for market volatility.
At the same time, there are signs that demonstrate how board directors manage to reconcile their less optimistic economic outlook with their more optimistic expectations for revenue growth.
On Tuesday, a survey by the Conference Board showed consumer confidence at an eight-month high in December, easily topping expectations.
Technology has elevated the expectations of players for graphics and artificial intelligence, and made some strategy board game mechanics easier to implement.
It should set benchmark standards, not lower its expectations to conform to low standards world-wide. (Some other countries permit passengers to board carrying the sort of potential weapons the TSA plans to allow.) Mr. Pistole is concerned about the amount of time spent searching for small knives when personnel would do better to focus on looking for explosives.
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