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Boards That Lead - When to Take Charge, When to Partner, and When to Stay Out of the Way (Hardcover)
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Boards That Lead - When to Take Charge, When to Partner, and When to Stay Out of the Way (Hardcover)
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Is your firm's board creating value--or destroying it? Change is
coming. Leadership at the top is being redefined as boards take a
more active role in decisions that once belonged solely to the CEO.
But for all the advantages of increased board engagement, it can
create debilitating questions of authority and dangerous meddling
in day-to-day operations. Directors need a new road map--for when
to lead, when to partner, and when to stay out of the way.
Boardroom veterans Ram Charan, Dennis Carey, and Michael Useem
advocate this new governance model--a sharp departure from what has
been demanded by governance activists, raters, and regulators--and
reveal the emerging practices that are defining shared leadership
of directors and executives. Based on personal interviews and the
authors' broad and deep experience working with executives and
directors from dozens of the world's largest firms, including
Apple, Boeing, Ford, Infosys, and Lenovo, Boards That Lead tells
the inside story behind the successes and pitfalls of this new
leadership model and explains how to: * Define the central idea of
the company * Ensure that the right CEO is in place and potential
successors are identified * Recruit directors who add value * Root
out board dysfunction * Select a board leader who deftly bridges
the divide between management and the board * Set a high bar on
ethics and risk With a total of eighteen checklists that will
transform board directors from monitors to leaders, Charan, Carey,
and Useem provide a smart and practical guide for businesspeople
everywhere--whether they occupy the boardroom or the C-suite.
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