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Boards That Deliver: Advancing Corporate Governance from Compliance to Competitive Advantage: Book by Ram Charan

Boards That Deliver: Advancing Corporate Governance from Compliance to Competitive Advantage

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ISBN: 9788126523849    Publisher: Wiley india Pvt. Ltd Year of publishing: 2012     Format:  Paperback Language: English
After a series of accounting scandals, humbled top executives - willingly or not - are scrambling to respond to perhaps their greatest challenge ever: restoring faith to investors who feel cheated by them....Read more
After a series of accounting scandals, humbled top executives - willingly or not - are scrambling to respond to perhaps their greatest challenge ever: restoring faith to investors who feel cheated by them. Experts agree that CEOs now must rethink how they do business in ways never seen before. In this new corporate environment comes a new attitude and, most importantly, a new plan for corporate governance. It is a plan for governance that involves a significant shift in power, from an age when the CEO was often the de-facto leader, to the board, particularly outside directors, operating as a cohesive team, independent of the CEO, with strong and critical oversight. It is a plan that has already been tested on arguably the most powerful company in the world, and its lead author unveiled it at three Fortune magazine conferences in 2002-3. This book challenges boards on formerly taboo topics: wresting control from the CEO, causing constructive conflict in the board room, board insurance, and more. It will include practical, no-nonsense advice from those leading this charge and an eyewitness account of how the best are moving to this model to ensure their own future success.
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