I think this article overstates the responsibility of the CEO, even in America. "The board does not set the plans, objectives, goals, or strategy; instead, the

I think this article overstates the responsibility of the CEO, even in America. "The board does not set the plans, objectives, goals, or strategy; instead, the CEO develops these, and presents them to the board for discussion, feedback and (possibly) approval." Typically, the board DOES set the strategy and goals, and management's job (led by the CEO) is to execute the strategy and achieve the goals.