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

by Ram Charan

Book Overview

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...

• Format: Hardcover
• Language: English
• ISBN: 0787971391
• ISBN13: 9780787971397
• Release Date: February 2005
• Publisher: Jossey-Bass
• Length: 202 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.9" x 6.2" x 9.1"

Customer Reviews

Ram Charan Delivers - Again!

Ram Charan delivers another incisive and compelling book on a subject vital to companies and leaders competing in a fierce global market, during turbulent times. Companies need every advantage they can muster. In this book, Mr. Charan provides a roadmap for moving boards from ceremonial, to Liberated, and ultimately to Progressive. Progressive boards deliver competitive advantage. Mr. Charan defines and describes the different types of boards early on, then identifies key behaviors for directors & CEOs. The ultimate benefit from this book was Mr. Charan's real-world experience, knowledge, and first hand accounts of boards that are progressive. For me, "Boards that Deliver" is a great primer for understandind board responsibilities, dynamics, structure, and composition. - Ron

A valuable contribution to the evolution of board effectiveness

Every so often you meet someone who has the ability to state things with such clarity that they appear instantly obvious and simple. Ram Charan is one of those people. His lucid descriptions evoke real situations with all their rich complexity of detail but without any of the clutter that prevents directors from decisive value adding action. Don't be fooled; this is not a simple book. The writing is terse but the insight is deep and the suggestions for improvement are well founded in practical experience. The book discusses the evolution in board dynamics, information architecture and focus on substantive issues that will allow boards to move from a `ceremonial' role, through a process of liberation to a state that Charan refers to as `progressive'. In my work advising boards I have encountered many that struggle with the symptoms of `liberated' boards. The frequent digressions from what is really important, the time wasted on trivia, the personal interests, the revisiting of old arguments and the rewriting of former agreements that frustrate so many boards are exposed in all their hideous familiarity. Charan's descriptions of this state arouse sympathy without descending into excuse-making, patronising or blaming the board. He just accurately states what is wrong and what that can cost the organisation before going on to describe how to correct practices and make a quantum leap in board effectiveness. I meet few `ceremonial' boards in my line of work; it could be that those boards would never invite me into their midst or just that there are less of them now that individual directors are becoming more professional and diligent in their roles. However, the descriptions do hold true and the process for moving from a passive board to a liberated one is well and clearly set out in the book. The real value in this book is its practical assistance in making that step change from a group of great and well-intentioned individuals to a board with a collective viewpoint and will. It allows for efficiency and focus that take the company into forward-looking strategic issues without over-stressing the hard-working executive team. The final jewel in this book is the section on contributions that count. It is a great resource for any director and should be legislated as required reading for all Chairmen. This is a practical and succinct book that I return to often. It has something of value for every board that I have worked with. On a scale of one to five this is definitely a ten! * Julie Garland McLellan is a professional non-executive director, board and governance consultant and mentor. She is the author of "The Director's Dilemma", "All Above Board: Great Governance for the Government Sector" and numerous articles on corporate strategy and governance. You can find out more at [...]

Read this to demystify the world of the Board

Board rooms are one of the last bastions of secrecy in today's increasingly transparent world. Talking with the board often causes people to talk in hushed tones and reverence. However, Charan's book reminds us that Boards consist of people with responsibilities to discharge and tools to use. This book is a must read for every executive to remind them of the foundational elements that run the company: customers, cash flow, leverage, etc. Too often we lose sight of these things as we work day to day. The book is written in a highly accessible style with just enough tools to help executives understand board dynamics, information and success factors. This makes it an ideal book to pick up for a long plane flight or a weekend to upgrade your knowledge and skills. Sarbanes Oxley and board oversight concerns were the genesis for this book as boards move from what Charan calls Ceremonial to Progressive. However, Charan writes about practices for effective boards helping this book stand the test of time. In a world where there are fads, changing strategies and constant pressure, executives need to take some time out to reinforce what matters and get back to basics. This is one of those books that everyone should pick up and read.

Insights on board development

A spate of high-profile corporate meltdowns ended the days of high-flying CEOs who also ran their companies' boards of directors. Instead, regulators, shareholders and the public now demand that corporate boards oversee CEOs and protect shareholder interests. Ram Charan lays out what your board can do to maximize its positive contributions and add value to the company. His writing is clear and to the point. This book is very helpful for board members who are trying to find their way in the post Sarbanes-Oxley world of corporate governance. Charan provides useful questionnaires to help you analyze the state of your company and its board on several crucial points. getAbstract recommends this book to board members, potential board members, and others who have an interest in modern boards and corporate governance.

Elevation

Ram Charan makes a complex topic easy to understand. This book can be "speed read" in 45 minutes and it doesn't make you feel dizzy. Ram Charan is a true thought leader and an inspiration.