Efficient Board of Directors

Author: Ram Charan
Publisher:
Publish Date: 2006-07-01
Features: Another masterpiece by Ram Charan, the author of Transitions and Execution! The renowned corporate governance expert Ram Charan systematically elaborates on practical strategies for boards to improve company performance in this book. Through years of consulting services and field research, Charan conducts an in-depth analysis of the extensive firsthand data he has on board operations, summarizing a comprehensive management solution—maintaining high efficiency in board operations, selecting the right company successors, establishing the correct financial monitoring system, and designing a reasonable executive compensation plan. From the startup stage to the growth stage, and finally to the efficient stage, Effective Boards outlines the proven management models of successful boards, breaking many fallacies in traditional management thinking. Unlike impractical experts, Charan identifies the real issues that waste board members' time and affect their judgment, and he clearly explains how boards address these issues. Good corporate management requires excellent leadership. For directors and CEOs facing challenges and striving to give their boards a competitive edge, Effective Boards offers the most valuable guidance. This book is a reform that breaks impractical corporate governance habits, listing the habits of successful boards. Unlike impractical experts, Charan identifies the real issues that waste board members' time and affect their judgment, and he clearly and concisely explains how boards solve these issues.