Inspired by the inauguration of Barack Obama, Chris Mumford, managing director of HVS Executive Search, asks whether democracy could ever be applied to the board room. In case you hadn’t heard, Barack Obama is the new president of the United States of America. You may have been too busy shopping for more mattresses under which to stuff what money you have left or you may have been using that cash to try and pick up a bargain second hand car company. If you did miss it, all you need to know is that the US has its first African American president, he is going to save the world, and voter turnout was its highest in over 40 years. (see link to article further below)

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HVS is the world's leading consulting and valuation services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 4,500 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe. Through a worldwide network of over 50 offices staffed by 300 experienced industry professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. For further information regarding our expertise and specifics about our services, please visit www.hvs.com.