Strategic Board Leadership: The book emphasizes the importance of boards providing strategic leadership rather than merely overseeing management. Boards should actively contribute to shaping the organization's strategy.
Board Composition: Discusses the significance of having a diverse and skilled board composition, including the right mix of expertise, industry knowledge, and independence to enhance decision-making.
Role of the Chairman: Explores the role of the board chairman, highlighting the importance of strong leadership and effective communication between the chairman and other board members.
Board Dynamics: Addresses the dynamics of board interactions, including the relationships between directors, management, and external stakeholders. Effective communication and collaboration are crucial.
Board Evaluation: Encourages regular and rigorous evaluations of board performance to identify strengths, weaknesses, and areas for improvement. The book provides insights into effective evaluation processes.
Risk Oversight: Discusses the board's role in risk oversight and the need for boards to be proactive in identifying and addressing risks that could impact the organization.
Succession Planning: Emphasizes the importance of strategic succession planning for both the board and executive leadership, ensuring continuity and the development of future leaders.
Crisis Management: Provides guidance on how boards should handle crises, emphasizing the need for preparedness, communication strategies, and effective decision-making during challenging times.
Shareholder Engagement: Discusses the importance of engaging with shareholders and understanding their perspectives. Boards should consider shareholder interests while making decisions.
Continuous Learning: Encourages a culture of continuous learning and development within the board. Directors should stay informed about industry trends, governance best practices, and emerging issues.
Language | English |
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ISBN-10 | 078798180X |
ISBN-13 | 9780787981808 |
No of pages | 308 |
Font Size | Medium |
Book Publisher | Jossey-Bass |
Published Date | 03 Feb 2006 |
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Praise for Building Better Boards "Building Better Boards bridges the gap between talk and action. A must-read for board members, CEOs, governance experts - really for anyone who cares about the future of the corporation. "
-Anne M.