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.
“This excellent book will help countless managers and directors. A practical masterpiece!”
—Richard H. Brown, director, Home Depot and DuPont
“For boards, this is it — the guide every director needs, from the world authority on how real boards work today.”
—Geoffrey Colvin, senior editor at large, Fortune magazine; co-host, Fortune Boardroom Forum; and co-anchor, Wall Street Week with Fortune
“Boards today are striving to improve in a very dynamic environment. Based on years of hands-on experience and building on the breakthrough ideas of Boards at Work, Charan provides practical, actionable ideas to move boards to a higher level of performance — to make a step-change improvement in the quality of their governance. It’s a must-read for new and experienced directors alike.”
—John A. Krol, lead director, Tyco; director, MeadWestvaco and Ace Insurance; former CEO and chairman, DuPont; and NACD Director of the Year in 1998
“By detailing the evolution of board dynamics in the post-Sarbanes-Oxley environment and providing insight into new best practices, Ram Charan has developed a comprehensive guide to creating and maintaining a next-generation board. These pages will help every executive stay ahead of the curve — with winning strategies for prospective board members, as well as for executives trying to develop their boards and management teams.”
—Ivan Seidenberg, chairman and CEO, Verizon
“I offer high praise for Boards That Deliver, the latest creation from the fertile mind of Ram Charan! Timely, relevant, and succinct — this could be Charan’s best work to date.”
—William T. Solomon, chairman of the board, Austin Industries