Boards That Deliver: Advancing Corporate Governance From Compliance to Competitive Advantage
Physical
AvailableWhat will you learn from this book
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Focus on strategic outcomes: Boards should focus on delivering strategic outcomes rather than getting bogged down in operational details.
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Composition matters: Board composition is critical, and members should bring diverse skills, experiences, and perspectives to the table.
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Active engagement: Board members should actively engage with management and each other to ensure robust discussions and decision-making.
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Accountability: Boards should hold themselves and management accountable for delivering results and meeting strategic objectives.
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Risk management: Boards should actively oversee risk management processes and ensure that the organization has appropriate risk mitigation strategies in place.
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Performance evaluation: Regular performance evaluations of the board, individual directors, and management are essential to ensure effectiveness.
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Continuous learning: Boards should engage in continuous learning to stay abreast of industry trends, best practices, and emerging risks.
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Culture and values: Boards should promote a strong culture and values that align with the organization's mission and long-term success.
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Succession planning: Boards should actively engage in succession planning for key leadership positions, including the CEO and board chair.
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Adaptability: Boards should be adaptable and able to respond quickly to changing market conditions, regulatory requirements, and other external factors.
| Language | English |
|---|---|
| ISBN-10 | 0787971391 |
| ISBN-13 | 9780787971397 |
| No of pages | 202 |
| Font Size | Medium |
| Book Publisher | Jossey-Bass |
| Published Date | 18 Feb 2005 |
About Author
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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.