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

Finally,abookthatbringsthevisionoftrulygoodgovernancedowntoearth.RamCharan,expertincorporategovernanceandbest–sellingauthor,packsthisbookwithusefultoolsandtechniquestotakeboardsandtheircompaniestoahigherlevelofperformance.Charanputshisfingeronagrowingproblemforboards:thedisconnectbetweendirectors′effortsandtheirresults.Theaddedtimeandattentionboardsinvestisnottranslatingintobettergovernanceathatis,governancethataddsvaluetothebusiness.BoardsThatDelivergetsbeyondtherhetoricofcorporategovernancereform.Itcapturesthetried–and–truepracticesusedbyhigh–performanceboards.Incontrasttoexpertswhobaseprescriptionsonnumber–crunchingexercises,Charanidentifiestherealproblemsthatdraindirectors′timeandsuppresstheirbestjudgmentsaandexplainsclearlyandsuccinctlyhowboardscansolvethoseproblems.Thesebattle–testedsolutionshelpboardsachievewhatrulesandregulationsalonecannotatogetsuccessionright,refineawinningstrategy,anddesignarationalCEOcompensationpackage.Goodgovernancerequiresleadership.BoardsThatDeliveristheno–nonsenseguidefordirectorsandCEOswhoarerisingtotheleadershipchallengetomaketheirboardsacompetitiveadvantage.