The subprime mortgage caught many financial service giants unaware, and reached far beyond trading desks all the way to their boardrooms. Indeed, despite their best efforts to govern properly, boards of directors throughout almost anentire industry missed a critical issue, and compounded that problem by not having robust succession planning to stem the crisis. Can boards do better? This books answers with an emphatic, Yes! Some boards are already doing all the right things. Leadership guru Charan describes the best emerging practices for boardswith real examples of how some of the best in the business solve todays thorniest boardroom problems. Charan helps readers determine whether their boards are owning up to governance by asking the most vital questions, including:Does our board act with the understanding that shareholders, analysts and themedia will look to it (and not just the CEO) if performance is sub-par? Is this board more effective than the competitors? Are we behaving as if we own thebusiness to make money for the long haul? How do we deal with imminent threats to the business? Do we know who our next CEO will be? Are we paying for the performance were getting? How do we keep the board evergreen?
- ISBN: 978-0-470-39767-1
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 224
- Fecha Publicación: 24/04/2009
- Nº Volúmenes: 1
- Idioma: Inglés