Boards That Lead

Three leading experts identify a new trend in corporate leadership and provide the roadmap for boards to make the change. It is a roadmap for directors, CEOs and boards. The role of the corporate board has changed, and the smartest CEOs are using these changes to their benefit. But increased board c [...]
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Three leading experts identify a new trend in corporate leadership and provide the roadmap for boards to make the change. It is a roadmap for directors, CEOs and boards. The role of the corporate board has changed, and the smartest CEOs are using these changes to their benefit. But increased board control and involvement also has its downsides. This book, from three leading experts in the field, serves as a guide to help take advantage of board oversight while avoiding the pitfalls. Increased regulation, investor pressures, and corporate governance reforms have served to strengthen the board's oversight function. But as boards have become better monitors and better led, they've expanded their role - sometimes reaching in and practically running a company. Boardroom veterans Ram Charan, Dennis Carey, and Michael Useem describe this emerging trend and argue that its overall impact on business performance will be positive. But CEOs and senior executives need to balance this oversight while maintaining the day-to-day operations of the firm. And directors need a new road map-for when to lead, when to partner, and when to stay out of the way.Based on work with and study of board leaders and chief executives of Fortune 500 firms across the globe, Boards that Lead is that new roadmap, showing what this new partnership model of leadership looks like-and how to make it work.