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

The author offers a new model for corporate management, showing readers how the recent spate of CEO scandals and new legislation have changed the landscape for corporate heads, forcing management at large corporations to act decisively to regain the trust of shareholders.
Charan has 35-plus years of experience working behind the scenes at some of the world's most successful companies including GE, Verizon, Novartis, Du Pont, Thomson, Honeywell, KLM, Bank of America, and Home Depot, helping their boards transform their practices, and is the author of 12 books on business topics. He offers directors, CEOs, and other business leaders a practical guide to how boards can transition from being merely active and in full compliance to making an important contribution to the business. Coverage includes an overview of boards in transition, the three building blocks of progressive boards, five substantive areas where boards can make their most important contributions, and maintaining momentum. Annotation ©2005 Book News, Inc., Portland, OR (booknews.com)
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 governance???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 judgments???and explains clearly and succinctly how boards can solve those problems. These battle-tested solutions help boards achieve what rules and regulations alone cannot???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.