Description
Finally, a book that brings the vision of truly good governance down to earth. Ram Charan, expert in corporate governance and best-selling author, packs this book with useful tools and techniques to take boards and their companies to a higher level of performance. Charan puts his finger on a growing problem for boards: the disconnect between directors' efforts and their results. The added time and attention boards invest is not translating into better governanceâ??that is, governance that adds value to the business.
Boards That Deliver gets beyond the rhetoric of corporate governance reform. It captures the tried-and-true practices used by high-performance boards. In contrast to experts who base prescriptions on number-crunching exercises, Charan identifies the real problems that drain directors' time and suppress their best judgmentsâ??and explains clearly and succinctly how boards can solve those problems. These battle-tested solutions help boards achieve what rules and regulations alone cannotâ??to get succession right, refine a winning strategy, and design a rational CEO compensation package.
Good governance requires leadership. Boards That Deliver is the no-nonsense guide for directors and CEOs who are rising to the leadership challenge to make their boards a competitive advantage.
Table of Contents
Introduction: Advancing the Practice of Corporate Governance.
Part One: Boards in Transition.
1. The Three Phases of a Board’s Evolution.
2. What Makes a Board Progressive.
Part Two: The Three Building Blocks of Progressive Boards.
3. Group Dynamics.
4. Information Architecture.
5. Focus on Substantive Issues.
Part Three: Contributions That Count.
6. The Right CEO and Succession.
7. CEO Compensation.
8. The Right Strategy.
9. The Leadership Gene Pool.
10. Monitoring Health, Performance, and Risk.
Part Four: Maintaining Momentum.
11. Board Operations.
12. Working with Investors.
Conclusion: Leveraging the Board for Competitive Advantage.
Appendix A: Sample Strategy Blueprint.
Appendix B: The Research Agenda.
Acknowledgments.
About the Author.
Index.
