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.
Most Helpful Customer Reviews
Charan is one of the leading experts in board governance and best practices. In this easy to read and thought provoking look at board dynamics, Charan takes the reader through the evolution of a board from ceremonial to progressive. Along the way, he provides a road map of pitfalls to avoid, questions to ask, structures to recommend and best practices to follow to ensure that the board takes the right steps to govern effectively.
Having both served on and worked for boards that covered the gamut of ineffective to progressive, I cannot recommend this book enough. I have read, and reviewed, more than a few books on corporate governance and board dynamics, and this one ranks at or near the top of the most useful, relevant and specific resources out there. It is a must read for any board member or CEO.
Every so often you meet someone who has the ability to state things with such clarity that they appear instantly obvious and simple. Ram Charan is one of those people. His lucid descriptions evoke real situations with all their rich complexity of detail but without any of the clutter that prevents directors from decisive value adding action.
Don't be fooled; this is not a simple book. The writing is terse but the insight is deep and the suggestions for improvement are well founded in practical experience. The book discusses the evolution in board dynamics, information architecture and focus on substantive issues that will allow boards to move from a `ceremonial' role, through a process of liberation to a state that Charan refers to as `progressive'.
In my work advising boards I have encountered many that struggle with the symptoms of `liberated' boards. The frequent digressions from what is really important, the time wasted on trivia, the personal interests, the...
Board rooms are one of the last bastions of secrecy in today's increasingly transparent world. Talking with the board often causes people to talk in hushed tones and reverence. However, Charan's book reminds us that Boards consist of people with responsibilities to discharge and tools to use. This book is a must read for every executive to remind them of the foundational elements that run the company: customers, cash flow, leverage, etc. Too often we lose sight of these things as we work day to day.
The book is written in a highly accessible style with just enough tools to help executives understand board dynamics, information and success factors. This makes it an ideal book to pick up for a long plane flight or a weekend to upgrade your knowledge and skills.
Sarbanes Oxley and board oversight concerns were the genesis for this book as boards move from what Charan calls Ceremonial to Progressive. However, Charan writes about practices for effective boards...
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