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Distinguished governance experts offer cures for what ails our boards of directors In light of corporate malfeasance in recent years, the governance of corporations has been receiving great attention from regulators, researchers, shareholders, and directors themselves. Based on Richard Leblanc's in-depth five-year study of 39 boards of directors of both for- and not-for-profit organizations, Building a Better Board goes behind the scenes to reveal the inner workings of boards of directors, including how they make decisions. Recently chosen as one of Canada's "Top 40 Under 40"(TM), Dr Richard Leblanc is an award-winning teacher and researcher, certified management consultant, professional speaker, professor, lawyer and specialist on boards of directors. He can be reached at [email protected]. James Gillies, PhD (Toronto, Ontario, Canada), is Professor Emeritus at the Schulich School of Business, York University, where he serves as Chair of the Canada-Russia Corporate Governance Program.
"Bill Bowen’s powerful insights into the principles and practices of institutional governance make his new book ‘must reading’ for all board members." —H. B. Atwater, Jr. Chairman of the Board and CEO General Mills, Inc. "The ‘old boys’ club’ of the boardroom no longer works as companies and organizations re-engineer for the global challenge. Dr. Bowen’s thoughtful and incisive analysis of issues and his prescriptions for good governance are must reading for all responsible board members." —W. Michael Blumenthal Former Secretary of the Treasury and Limited Partner, Lazard Freres & Co. "This thoughtful, lively, and well-written comparison of the many similarities and striking differences in the governance of not-for-profit and for-profit corporations is a unique resource from which both sectors will benefit.… This valuable book, and in particular its twenty ‘presumptive norms’ to govern how boards function, will certainly establish a new and important agenda for management and directors." —Helene L. Kaplan Skadden Arps Slate Meagher & Flom "Dr. Bowen brings to Inside the Boardroom unusual qualifications: a distinguished economist who has served as university president, foundation executive, and [as a member of] several for-profit and nonprofit boards of directors. From this varied experience he combines scholarship with corporate reality in ways which provide wisdom, insight, and guidance as to how boards should work and how in fact they do work, and what they can and cannot contribute to management. Best of all, he does so in a thoroughly readable way." —Nicholas Katzenbach, Partner Riker, Danzig, Scherer, Hyland and Perretti Former United States Attorney General Former Senior Vice President and General Counsel, IBM Corporation "This superb study rests on Bowen’s extensive experience of both corporate and nonprofit boards and his personal qualities of lucidity, perceptiveness, intellectual acuity, and fair-mindedness. Readable, fresh, jargon-free, and thoughtful, the book is a gem." —Richard W. Lyman President Emeritus, The Rockefeller Foundation President Emeritus, Stanford University "William Bowen is the finest example of America’s meritocracy. He rose, by ability and wisdom, from Main Street to the highest counsel of business and philanthropy while gaining along the way admiration for scholarly innovations as an economist and leadership as President of Princeton University. In this short book he addresses—from experience and with analytical precision—the vital problem of how outside directors might help improve governance of business corporations and non-profit institutions. Read. Ponder." —Paul A. Samuelson Nobel Laureate in Economics Department of Economics, M.I.T.
Throughout the 20th century, American corporations were governed by autocratic, almost unaccountable chief executives. Their word was law and the only check on their power was a board of directors composed of their friends and allies. Then, in a stunning reversal, a momentous series of firings deposed the heads of some of the world's best-known companies: AIG, Morgan Stanley, Boeing, Hewlett-Packard and Pfizer, just to name a few. Formerly unchallenged CEOs found themselves under fire, often from their own handpicked boards. The number of deposed executives is astonishing. In 2004, the leaders of 600 companies were asked to leave. That number more than doubled in 2005 and reached 1,400 companies in 2006. Flexing new muscles, directors are assuming new and unfamiliar responsibilities. In Revolt in the Boardroom, Alan Murray reveals the inner workings of the new seat of power. Using the access afforded to him by his influential Wall Street Journal column, Murray tells the story of three seminal board revolts—the now-famous Hewlett-Packard drama, the ousting of Boeing's Harry Stonecipher and the end of the reign one of the world's most autocratic executives, Hank Greenberg at AIG. Murray goes further to chart the history of the corporation, the rise of governance and the effects of the new power gained by outside institutions like hedge funds and interest groups. Through it all, Murray shows how the job of chief executive has rapidly and permanently changed. Leaders like A. G. Lafley and Jeff Immelt govern instead of rule, build alliances and support instead of dictating direction and pay careful attention to a broader range of stakeholders than ever before. Revolt in the Boardroom is the first look at the new world of corporate power and the last word on the transformational events of the last two years.
Renowned business gurus Al and Laura Ries give a blow-by-blow account of the battle between management and marketing—and argue that the solution lies not in what we think but in how we think There's a reason why the marketing programs of the auto industry, the airline industry, and many other industries are not only ineffective, but bogged down by chaos and confusion. Management minds are not on the same wavelength as marketing minds. What makes a good chief executive? A person who is highly verbal, logical, and analytical. Typical characteristics of a left brainer. What makes a good marketing executive? A person who is highly visual, intuitive, and holistic. Typical characteristics of a right brainer. These different mind-sets often result in conflicting approaches to branding, and the Ries' thought-provoking observations—culled from years on the front lines—support this conclusion, including: Management deals in reality. Marketing deals in perception. Management demands better products. Marketing demands different products. Management deals in verbal abstractions. Marketing deals in visual hammers. Using some of the world's most famous brands and products to illustrate their argument, the authors convincingly show why some brands succeed (Nokia, Nintendo, and Red Bull) while others decline (Saturn, Sony, and Motorola). In doing so, they sound a clarion call: to survive in today's media-saturated society, managers must understand how to think like marketers—and vice versa. Featuring the engaging, no-holds-barred writing that readers have come to expect from Al and Laura Ries, War in the Boardroom offers a fresh look at a perennial problem and provides a game plan for companies that want to break through the deadlock and start reaping the rewards.
The ‘Girls’ in The BoardRoom by Ibukun Awosika In this book, I have sought to share stories of women who have actively worked to earn their seats at the table; to celebrate the women who have, despite all the challenges of gender, built successful careers in the boardroom. And to use the stories and experiences of these women as a tool to equip and inspire other women who aspire to climb the career ladder and land top positions. Sit back and enjoy the journey through the eyes of these relentless women. IBUKUN AWOSIKA is the Founder and CEO of The Chair Centre Group. She chairs and serves on a number of corporate and not for profit boards. Ibukun is a graduate of Chemistry from University of Ife (now Obafemi Awolowo University), Nigeria; an alumna of the Chief Executive Programme of Lagos Business School, the Global Executive MBA of IESE Business School, Barcelona Spain and the Global CEO Programme of Wharton, IESE and China European International Business School (CEIBS). With a keen interest in social issues, particularly the advancement of women, Ibukun is a co-founder and past chairperson of Women in Business, Management and Public Service (WIMBIZ). Ibukun is also the founder of the Christian Missionary Fund; through this faithbased organisation, she works with hundreds of missionaries spread across Nigeria to change lives with the provision of medical, educational and other supplies. Ibukun is a multiple award-winning entrepreneur and the first Nigerian recipient of the prestigious International Women Entrepreneurial Challenge (IWEC) Award as a nominee of the U.S. Department of state in 2008. She is passionate about women, youth and her beloved country, Nigeria. Ibukun is happily married to Abiodun Awosika and they are blessed with three wonderful sons
Renowned media executive Robin Wolaner delivers the 80 Naked Truths businesswomen need to develop presence, seize power, and achieve success. Straight-talking and sensible, Naked in the Boardroom explains how to achieve more: more opportunities, more money, more notches on the corporate belt without sacrificing your integrity or losing your identity. In delicious, bite-sized nuggets, Robin Wolaner's Naked Truths provide universal and instantly gratifying lessons for advancing your career. They can be put into action regardless of your age, experience, industry, or whether you are a one-woman start-up or a big-company employee. Drawing on her own career in magazine publishing and media development, Wolaner shows you how to succeed because of, rather than despite, your unique background and personality. With humor, attitude, and fierce intelligence, she reveals: The keys to successful negotiation on behalf of the company or yourself What great public speakers know and tricks you can use When and how to burn your career plan How to do the right thing in the gray zones of business ethics Effective ways to recover from a mistake Unusual wisdom for hiring and firing -- and for being hired and fired And much more Peppered with candid stories drawn from Wolaner's life, as well as those of other trailblazing women, Naked in the Boardroom is both essential and inspiring. It provides invaluable wisdom for anyone who sees success on the horizon, but who wants help getting there on her own terms.
One way or another, every church will eventually lose its pastor or minister, yet few congregations prepare for this dramatic event. The pastor's departure evokes a range of reactions and problems--sorrow and grief, uncertainty, loss of mission and momentum, power struggles--yet no one wants to talk about this elephant in the church boardroom. Carolyn Weese and J. Russell Crabtree--experts in the field of church leadership--have written a nuts-and-bolts guide to developing a succession plan for smooth pastoral transitions. Filled with strategies and solid advice, this handy resource is based in solid research and the authors' many years of experience working with churches in a wide variety of denominations. Weese and Crabtree clearly show that leadership succession should be part of every church's planning process. Using assessment tools and quizzes, the book walks church leaders through the process of identifying their particular church's culture type and creating a succession plan that will meet their congregation's needs. Firmly rooted in biblical principles and the best management thinking, The Elephant in the Boardroom puts the focus on health, asset building, and resiliency. Its many examples from real-life situations and solid explanations offer elders, deacons, board members, and other lay leaders a how-to manual for planning, preparing, and executing a leadership transition.
This book from the acclaimed management writer Adrian Furnham, explores the dark side of leadership and how and why leaders can have a negative impact upon their companies and organisations. It asks why too often people do not speak out but instead ignore the problems they are causing.
“When leaders fail to confront conflict, they become the ‘biggest elephant’ in the room.”In a survey of more than 4,000 CEOs, executives, and managers, more than 90 percent admitted they were uncomfortable confronting or engaging in conflict.Yet leaders must realize that every conflict presents an opportunity to reach higher levels of performance. In The Elephant in the Boardroom, award-winning leadership psychologist Edgar Papke explores the unique and challenging relationship that leaders have with conflict, and offers the know-how needed to use conflict as the engine of innovation and creativity. As a result, you will learn how to act courageously and be better equipped to lead and win in today’s complex and turbulent world.The Elephant in the Boardroom will help you:Better understand the unique relationship leaders have with conflict.Gain the self-knowledge required to confront conflict and attain higher levels of leadership performance.Learn how to foster cultures of openness and higher accountability.Identify the sources of dysfunctional conflict to create constructive change effectively.Learn to use a proven, seven-step model for effectively managing and leveraging conflict.Are you ready to confront the “big elephant in the room,” and manage the elephants living and thriving in your organization?
Why top scholars make the best university leaders Socrates in the Boardroom argues that world-class scholars, not administrators, make the best leaders of research universities. Amanda Goodall cuts through the rhetoric and misinformation swirling around this contentious issue—such as the assertion that academics simply don't have the managerial expertise needed to head the world's leading schools—using hard evidence and careful, dispassionate analysis. She shows precisely why experts need leaders who are experts like themselves. Goodall draws from the latest data on the world's premier research universities along with in-depth interviews with top university leaders both past and present, including University of Pennsylvania President Amy Gutmann; Derek Bok and Lawrence Summers, former presidents of Harvard University; John Hood, former vice chancellor of the University of Oxford; Cornell University President David Skorton; and many others. Goodall explains why the most effective leaders are those who have deep expertise in what their organizations actually do. Her findings carry broad implications for the management of higher education, and she demonstrates that the same fundamental principle holds true for other important business sectors as well. Experts, not managers, make the best leaders. Read Socrates in the Boardroom and learn why.