Description
Change is coming. Leadership at the top is being redefined as boards take a more active role in decisions that once belonged solely to the CEO. But for all of the advantages of increased board engagement, it can create debilitating questions of authority and dangerous meddling in daily operations. Directors need a new road mapfor when to lead, when to partner, and when to stay out of the way.
Boardroom veterans Ram Charan, Dennis Carey, and Michael Useem advocate this new governance modela sharp departure from what has been demanded by governance activists, raters, and regulatorsand reveal the emerging practices that are defining shared leadership of directors and executives. According to personal interviews and the authors’ broad and deep experience working with executives and directors from dozens of the world’s largest firms, including Apple, Boeing, Ford, Infosys, and Lenovo, Boards That Lead tells the inside story at the back of the successes and pitfalls of this new leadership model and explains how you can:
Define the central idea of the company
Be sure that the right CEO is in place and potential successors are identified
Recruit directors who add value
Root out board dysfunction
Make a choice a board leader who deftly bridges the divide between management and the board
Set a high bar on ethics and risk
With a total of eighteen checklists so that they can develop into board directors from monitors to leaders, Charan, Carey, and Useem provide a smart and practical guide for businesspeople in every single placewhether they occupy the boardroom or the C-suite.