Professor James B. Shein is Clinical Professor of Strategy at the Kellogg School of Management at Northwestern University. He is the academic director of the Kellogg executive program Successful Corporate Renewal, and teaches Managing Turnarounds and Global Corporate Governance.
Professor Shein was previously counsel at McDermott, Will & Emery with practice in corporate governance, restructurings, acquisitions and fiduciary duties of officers and directors. Prior to that, he spent four years as the President and Chief Executive Officer of R.C. Manufacturing and ten years prior to that as President and Chief Executive Officer of Northbrook Corporation, a multi-unit company in manufacturing, leasing, and transportation businesses. He has decades of experience as a CEO running, advising, purchasing and reviving underperforming companies in a wide variety of industries. He also serves on the boards of directors of several public and private companies, chairing audit and governance committees.
A frequent lecturer and author on corporate renewal and corporate governance, Professor Shein is author of the book: Reversing the Slide: A Strategic Guide to Turnarounds and Corporate Renewal (Wiley Publishing, 2011). His work with corporate directors led to his article, "Trying to Match SOX: Dealing with New Challenges and Risks Facing Directors," published in The Journal of Private Equity. He has published over twenty cases on restructuring and global governance for use in MBA programs. He is also active in the International Corporate Governance Network, on the International Ethics Committee. Professor Shein has a BS in Engineering as well as an MBA, PhD, and JD, and has testified as an expert witness on governance in state and federal courts.
Corporate governance, corporate renewal and turnaround management, issues in corporate finance, restructurings, start-ups and acquisitions. Fiduciary duties of officers and directors.
Managing Turnarounds, Global Corporate Governance, Entrepreneurship
Governance issues must be addressed by the power centers of all organizations, ranging from startups to mid-market and other non-public companies. Almost all Kellogg graduates will serve as an officer and director of one of these U.S. or foreign organizations during their career.The aim of this interdisciplinary course is to equip students with the knowledge and skills necessary to handle controversial governance issues which often fall in the intersection of business, law and ethics. Concepts will cover private equity, professional service, and closely held firms, as well as the more stringent laws that exist in other countries. We will debate current issues and proposed regulations that affect directors in the U.S. and internationally to help executives do the right thing and avoid liabilities. Guests will include the heads of private equity, consulting and investment banking firms.