Great Companies Deserve Great Boards

Great Companies Deserve Great Boards

Author: Beverly Behan

Publisher: Macmillan

Published: 2011-05-15

Total Pages: 190

ISBN-13: 0230120547

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Despite the many changes in governance regulation over the past decade, few boards function as a true corporate asset to the companies they oversee. In this book, Behan offers practical advice that a CEO, Chairman or board member can introduce at the very next meeting. Boardrooms are filled with intelligent, accomplished people—yet seldom achieve their full potential and add the kind of value for the CEO, executive team and company shareholders that many boards are actually capable of. Beverly Behan draws on her experience working with more than 100 boards over the past 14 years—from major Fortune 500s to recent IPOs—offering no-nonsense insights that can take any board from mediocrity to the top of its game including establishing a constructive working relationship with your board; addressing some of the dysfunction that may lie within the board you’ve inherited, and making your board a significant asset to you, your company, and your executive team. Working with the Board of Directors is one of the most important components of any CEO’s job—and most will admit it is something they wish they knew more about. Nearly all CEOs want to change at least something about their board, yet many are unsure how to go about this in the right way. This book not only alerts the reader to common pitfalls that CEO's can make with their boards, it provides workable approaches to a tackle a variety of boardroom issues from getting new talent into the boardroom to engaging effectively with the board on strategy and succession planning.


Book Synopsis Great Companies Deserve Great Boards by : Beverly Behan

Download or read book Great Companies Deserve Great Boards written by Beverly Behan and published by Macmillan. This book was released on 2011-05-15 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the many changes in governance regulation over the past decade, few boards function as a true corporate asset to the companies they oversee. In this book, Behan offers practical advice that a CEO, Chairman or board member can introduce at the very next meeting. Boardrooms are filled with intelligent, accomplished people—yet seldom achieve their full potential and add the kind of value for the CEO, executive team and company shareholders that many boards are actually capable of. Beverly Behan draws on her experience working with more than 100 boards over the past 14 years—from major Fortune 500s to recent IPOs—offering no-nonsense insights that can take any board from mediocrity to the top of its game including establishing a constructive working relationship with your board; addressing some of the dysfunction that may lie within the board you’ve inherited, and making your board a significant asset to you, your company, and your executive team. Working with the Board of Directors is one of the most important components of any CEO’s job—and most will admit it is something they wish they knew more about. Nearly all CEOs want to change at least something about their board, yet many are unsure how to go about this in the right way. This book not only alerts the reader to common pitfalls that CEO's can make with their boards, it provides workable approaches to a tackle a variety of boardroom issues from getting new talent into the boardroom to engaging effectively with the board on strategy and succession planning.

Great Companies Deserve Great Boards

Great Companies Deserve Great Boards

Author: B. Behan

Publisher:

Published: 2011

Total Pages:

ISBN-13: 9781349584994

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Book Synopsis Great Companies Deserve Great Boards by : B. Behan

Download or read book Great Companies Deserve Great Boards written by B. Behan and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Becoming a Boardroom Star

Becoming a Boardroom Star

Author: Beverly Behan

Publisher:

Published: 2021-09

Total Pages:

ISBN-13: 9781737229544

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Practical advice for board members on optimizing their effectiveness, influence and impact in the boardroom - whether as a new director or Board Chair. The book was developed from the author's experience undertaking board and director evaluations at nearly 200 boards (largely boards of public companies) over the past 25 years - where more than a thousand board members spoke to her in confidence about the capabilities and contributions of their peers. Becoming a Boardroom Star offers insights about what makes a great director shine in the boardroom - earning the genuine esteem of their peers, the respect of senior management and, most important of all, adding real value for the company's stakeholders. While it focuses primarily on what distinguishes those directors considered truly outstanding from the others, the author also identifies common pitfalls that directors should be careful to avoid. It begins with advice for new directors about steps they can take to embellish their orientation program, discusses hallmarks of a boardroom star and concludes with insights on becoming an outstanding board leader - whether in a committee chair role or as Chair of the Board, itself. It also includes appendices designed to illustrate some of the models and processes discussed in the book.


Book Synopsis Becoming a Boardroom Star by : Beverly Behan

Download or read book Becoming a Boardroom Star written by Beverly Behan and published by . This book was released on 2021-09 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Practical advice for board members on optimizing their effectiveness, influence and impact in the boardroom - whether as a new director or Board Chair. The book was developed from the author's experience undertaking board and director evaluations at nearly 200 boards (largely boards of public companies) over the past 25 years - where more than a thousand board members spoke to her in confidence about the capabilities and contributions of their peers. Becoming a Boardroom Star offers insights about what makes a great director shine in the boardroom - earning the genuine esteem of their peers, the respect of senior management and, most important of all, adding real value for the company's stakeholders. While it focuses primarily on what distinguishes those directors considered truly outstanding from the others, the author also identifies common pitfalls that directors should be careful to avoid. It begins with advice for new directors about steps they can take to embellish their orientation program, discusses hallmarks of a boardroom star and concludes with insights on becoming an outstanding board leader - whether in a committee chair role or as Chair of the Board, itself. It also includes appendices designed to illustrate some of the models and processes discussed in the book.

Board and Director Evaluations

Board and Director Evaluations

Author: Beverly Behan

Publisher:

Published: 2020-10-15

Total Pages:

ISBN-13: 9781734719086

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A board evaluation is the most powerful tool in the governance arsenal - and one that is rarely used to its full potential. Today, sophisticated directors are increasingly demanding more from their board and director evaluations, eschewing their tired old board surveys for new approaches that effectively tap into directors' insights and good thinking - and produce meaningful outcomes that can take a board from good to great and keep a great board vibrant.The book begins by describing typical outcomes other boards have achieved from taking this approach and points out that the most important element in a meaningful board evaluation is a boardroom champion - someone in a board leadership position who's genuinely committed to excellence, to making his/her board the best it can be. From there, the key features of a genuinely worthwhile board evaluation are outlined in depth- from the creation of the interview protocols, through to the development of the Action Plan. Board 2.0, an innovative exercise that engages directors and executives in designing the optimal board to govern the company in the future - is also discussed in detail; any board can benefit from learning about this exciting new approach and incorporating it as a component of a comprehensive board evaluation process. The final chapters focus on individual director evaluation - designing a meaningful peer review process that delivers constructive and actionable feedback; sophisticated directors deserve no less. It also introduces the New Director 360, an innovative practice that may be a useful final phase of any director orientation program.


Book Synopsis Board and Director Evaluations by : Beverly Behan

Download or read book Board and Director Evaluations written by Beverly Behan and published by . This book was released on 2020-10-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A board evaluation is the most powerful tool in the governance arsenal - and one that is rarely used to its full potential. Today, sophisticated directors are increasingly demanding more from their board and director evaluations, eschewing their tired old board surveys for new approaches that effectively tap into directors' insights and good thinking - and produce meaningful outcomes that can take a board from good to great and keep a great board vibrant.The book begins by describing typical outcomes other boards have achieved from taking this approach and points out that the most important element in a meaningful board evaluation is a boardroom champion - someone in a board leadership position who's genuinely committed to excellence, to making his/her board the best it can be. From there, the key features of a genuinely worthwhile board evaluation are outlined in depth- from the creation of the interview protocols, through to the development of the Action Plan. Board 2.0, an innovative exercise that engages directors and executives in designing the optimal board to govern the company in the future - is also discussed in detail; any board can benefit from learning about this exciting new approach and incorporating it as a component of a comprehensive board evaluation process. The final chapters focus on individual director evaluation - designing a meaningful peer review process that delivers constructive and actionable feedback; sophisticated directors deserve no less. It also introduces the New Director 360, an innovative practice that may be a useful final phase of any director orientation program.

Boardroom Impact

Boardroom Impact

Author: Beverly Behan

Publisher:

Published: 2021-05-27

Total Pages:

ISBN-13: 9781737229537

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Boards are all about people. And it's the "people issues" that can be really difficult for CEOs, senior management and even the Board Chair in working with the Board of Directors. The CHRO is often the only member of the executive team considered an expert in "people issues". Because of this, CHROs are often consulted in boardroom issues that go well beyond their traditional boardroom "wheelhouse" in compensation - from director performance management to board evaluations.The chapters of this book are based on the author's 25 years of experience working with nearly 200 Boards of Directors - in the S&P1500 and around the world. They're designed to equip CHROs to expand their boardroom influence and amplify their contributions in building a high performing board. They include: (i) An Overview of the Board/Management Relationship; (ii) The Best Tool in Board-Building: Board Evaluations with Impact; (iii) Building a Board-Worthy Executive Team; (iv) Optimizing Board Composition and Director Orientation; (v) Director Performance Management Tools - That Actually Work; (vi) CEO Succession Planning - the Roadmap; (vii) Helping a New CEO to Build a Great Board Relationship.


Book Synopsis Boardroom Impact by : Beverly Behan

Download or read book Boardroom Impact written by Beverly Behan and published by . This book was released on 2021-05-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Boards are all about people. And it's the "people issues" that can be really difficult for CEOs, senior management and even the Board Chair in working with the Board of Directors. The CHRO is often the only member of the executive team considered an expert in "people issues". Because of this, CHROs are often consulted in boardroom issues that go well beyond their traditional boardroom "wheelhouse" in compensation - from director performance management to board evaluations.The chapters of this book are based on the author's 25 years of experience working with nearly 200 Boards of Directors - in the S&P1500 and around the world. They're designed to equip CHROs to expand their boardroom influence and amplify their contributions in building a high performing board. They include: (i) An Overview of the Board/Management Relationship; (ii) The Best Tool in Board-Building: Board Evaluations with Impact; (iii) Building a Board-Worthy Executive Team; (iv) Optimizing Board Composition and Director Orientation; (v) Director Performance Management Tools - That Actually Work; (vi) CEO Succession Planning - the Roadmap; (vii) Helping a New CEO to Build a Great Board Relationship.

Back to the Drawing Board

Back to the Drawing Board

Author: Colin B. Carter

Publisher: Harvard Business Press

Published: 2004

Total Pages: 258

ISBN-13: 1578517761

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Business scandals from Enron to WorldCom have escalated concerns about corporate governance into a full-blown crisis. Institutional investors and legislators have dominated the debate and enacted important changes in corporate accounting and other areas. But Colin B. Carter and Jay W. Lorsch say that we must now focus on the performance of corporate boards. This timely book argues that boards are being pressed to perform unrealistic duties given their traditional structure, processes, and membership. Carter and Lorsch propose a strategic redesign of boards--making them better attuned to their oversight, decision-making, and advisory roles--to enable directors to meet 21st century challenges successfully. Based on the authors' deep expertise and longtime experience working with boards around the world, and on a probing survey of CEOs, Carter and Lorsch help boards to develop a realistic value proposition customized to the company they serve. The authors explore the core dilemmas and responsibilities boards face and outline a framework for designing the most effective structure, makeup, size, and culture. This book provides a candid account of the current state of boards and points the way in a time of crisis and change.


Book Synopsis Back to the Drawing Board by : Colin B. Carter

Download or read book Back to the Drawing Board written by Colin B. Carter and published by Harvard Business Press. This book was released on 2004 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business scandals from Enron to WorldCom have escalated concerns about corporate governance into a full-blown crisis. Institutional investors and legislators have dominated the debate and enacted important changes in corporate accounting and other areas. But Colin B. Carter and Jay W. Lorsch say that we must now focus on the performance of corporate boards. This timely book argues that boards are being pressed to perform unrealistic duties given their traditional structure, processes, and membership. Carter and Lorsch propose a strategic redesign of boards--making them better attuned to their oversight, decision-making, and advisory roles--to enable directors to meet 21st century challenges successfully. Based on the authors' deep expertise and longtime experience working with boards around the world, and on a probing survey of CEOs, Carter and Lorsch help boards to develop a realistic value proposition customized to the company they serve. The authors explore the core dilemmas and responsibilities boards face and outline a framework for designing the most effective structure, makeup, size, and culture. This book provides a candid account of the current state of boards and points the way in a time of crisis and change.

Mean Business

Mean Business

Author: Albert J. Dunlap

Publisher: Mr. Media Books

Published: 2014-07-15

Total Pages: 364

ISBN-13: 1500498831

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Al Dunlap is an original: an outspoken, irascible executive with an incredible track record of injecting new life into tired companies. The business media have coined a new verb--"to dunlap"--when describing a fast company turnaround.


Book Synopsis Mean Business by : Albert J. Dunlap

Download or read book Mean Business written by Albert J. Dunlap and published by Mr. Media Books. This book was released on 2014-07-15 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Al Dunlap is an original: an outspoken, irascible executive with an incredible track record of injecting new life into tired companies. The business media have coined a new verb--"to dunlap"--when describing a fast company turnaround.

HBR’s 10 Must Reads on Boards (with bonus article “What Makes Great Boards Great” by Jeffrey A. Sonnenfeld)

HBR’s 10 Must Reads on Boards (with bonus article “What Makes Great Boards Great” by Jeffrey A. Sonnenfeld)

Author: Harvard Business Review

Publisher: Harvard Business Press

Published: 2020-07-07

Total Pages: 251

ISBN-13: 1633698904

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Keep shareholders happy and manage for the long term. Earning a board seat is a rite of passage. But directors must juggle many responsibilities, from steering company strategy, managing risk, and appointing leaders to setting the right incentives, meeting shareholder expectations, and dealing with activist investors. How do you balance it all? If you read nothing else on boards, read these 10 articles by experts in the field. We've combed through hundreds of articles in the Harvard Business Review archive and selected the most important ones to help you set your board up for success. This book will inspire you to: Ensure you have directors who can meet company goals Establish a robust succession-planning process Encourage the risk-taking that will generate breakthrough innovation Prioritize the health of the enterprise without neglecting shareholders Provide the critical support a new CEO needs to succeed Ignite nonprofit board members by engaging them in work that matters Take on the world's toughest economic, social, and environmental problems This collection of articles includes "What Makes Great Boards Great," by Jeffrey A. Sonnenfeld; "Building Better Boards," by David A. Nadler; "The Error at the Heart of Corporate Leadership," by Joseph L. Bower and Lynn S. Paine; "The New Work of the Nonprofit Board," by Barbara E. Taylor, Richard P. Chait, and Thomas P. Holland; "Dysfunction in the Boardroom," by Boris Groysberg and Deborah Bell; "The Board's New Innovation Imperative," by Linda A. Hill and George Davis; "Managing Risks: A New Framework," by Robert S. Kaplan and Anette Mikes; "Ending the CEO Succession Crisis," by Ram Charan; "Comp Targets That Work," by Radhakrishnan Gopalan, John Horn, and Todd Milbourn; and "Sustainability in the Boardroom," by Lynn S. Paine. HBR's 10 Must Reads paperback series is the definitive collection of books for new and experienced leaders alike. Leaders looking for the inspiration that big ideas provide, both to accelerate their own growth and that of their companies, should look no further. HBR's 10 Must Reads series focuses on the core topics that every ambitious manager needs to know: leadership, strategy, change, managing people, and managing yourself. Harvard Business Review has sorted through hundreds of articles and selected only the most essential reading on each topic. Each title includes timeless advice that will be relevant regardless of an ever‐changing business environment.


Book Synopsis HBR’s 10 Must Reads on Boards (with bonus article “What Makes Great Boards Great” by Jeffrey A. Sonnenfeld) by : Harvard Business Review

Download or read book HBR’s 10 Must Reads on Boards (with bonus article “What Makes Great Boards Great” by Jeffrey A. Sonnenfeld) written by Harvard Business Review and published by Harvard Business Press. This book was released on 2020-07-07 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keep shareholders happy and manage for the long term. Earning a board seat is a rite of passage. But directors must juggle many responsibilities, from steering company strategy, managing risk, and appointing leaders to setting the right incentives, meeting shareholder expectations, and dealing with activist investors. How do you balance it all? If you read nothing else on boards, read these 10 articles by experts in the field. We've combed through hundreds of articles in the Harvard Business Review archive and selected the most important ones to help you set your board up for success. This book will inspire you to: Ensure you have directors who can meet company goals Establish a robust succession-planning process Encourage the risk-taking that will generate breakthrough innovation Prioritize the health of the enterprise without neglecting shareholders Provide the critical support a new CEO needs to succeed Ignite nonprofit board members by engaging them in work that matters Take on the world's toughest economic, social, and environmental problems This collection of articles includes "What Makes Great Boards Great," by Jeffrey A. Sonnenfeld; "Building Better Boards," by David A. Nadler; "The Error at the Heart of Corporate Leadership," by Joseph L. Bower and Lynn S. Paine; "The New Work of the Nonprofit Board," by Barbara E. Taylor, Richard P. Chait, and Thomas P. Holland; "Dysfunction in the Boardroom," by Boris Groysberg and Deborah Bell; "The Board's New Innovation Imperative," by Linda A. Hill and George Davis; "Managing Risks: A New Framework," by Robert S. Kaplan and Anette Mikes; "Ending the CEO Succession Crisis," by Ram Charan; "Comp Targets That Work," by Radhakrishnan Gopalan, John Horn, and Todd Milbourn; and "Sustainability in the Boardroom," by Lynn S. Paine. HBR's 10 Must Reads paperback series is the definitive collection of books for new and experienced leaders alike. Leaders looking for the inspiration that big ideas provide, both to accelerate their own growth and that of their companies, should look no further. HBR's 10 Must Reads series focuses on the core topics that every ambitious manager needs to know: leadership, strategy, change, managing people, and managing yourself. Harvard Business Review has sorted through hundreds of articles and selected only the most essential reading on each topic. Each title includes timeless advice that will be relevant regardless of an ever‐changing business environment.

How to Run a Company

How to Run a Company

Author: Dennis Carey

Publisher: Crown Business

Published: 2003-10-14

Total Pages: 282

ISBN-13: 1400052300

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LESSONS FOR EVERYONE IN BUSINESS FROM AN ALL-STAR TEAM Every six months Dennis C. Carey and Marie-Caroline von Weichs run the CEO Academy, an immersion course for newly appointed CEOs of the world’s leading companies—what Business Week called a “boot camp” for the next class of top executives. Those attending get a priceless range of unvarnished advice and invaluable lessons from an all-star team of veteran CEOs about how to get the results they were hired to achieve. What participants pay $10,000 to hear is now contained in this book, the insights and secrets of some of the most influential business leaders of our time. Here is advice from high-caliber businesspeople such as Larry Bossidy, the recently retired CEO of Honeywell International; Ray Gilmartin, the CEO of Merck; John Smale, the former chairman of General Motors and retired chairman and CEO of Procter & Gamble; and John Dasburg, who has run Northwest Airlines, Burger King, and now DHL Airways. Successful CEOs aren’t the only attraction. How to Run a Company also presents America’s leading business observers and watchdogs: Nell Minow, the shareholder rights activist; Ira Millstein, the legendary attorney and power broker; Matthew Bishop, business editor of The Economist; and Joseph Badaracco, Harvard Business School’s top professor of ethics. The combined team offers original and revealing observations on how business leaders at the top of the corporate world tackle pressing challenges, such as: • How an industrial goliath like DuPont dramatically shifted its business focus • How The Home Depot changed from fast-growing, free-wheeling adolescence to the management discipline that will help it mature and continue to expand • What Michael Armstrong, who oversaw the transformation of Hughes Electronics and AT&T, advises to companies whose core business begins to disappear • How the CEO of Tyco moved quickly during his first 100 days to build a new senior management team and began to restore trust in a company battered by scandal and bad publicity • The role of the board of directors and how corporate governance should be reformed • What strategies Jack Welch’s investor relations team at GE used to constantly probe who was buying the stock, who wasn’t, and why How to Run a Company is not just for CEOs, but anyone interested in the critical make-or-break factors in today’s ever-challenging business environment. As the demands and expectations in business become ever greater and the competition tougher, here in one volume is the accumulated wisdom and experience of people who have been in the trenches during a remarkable time. How to Run a Company is the success manual for the twenty-first century. From the Hardcover edition.


Book Synopsis How to Run a Company by : Dennis Carey

Download or read book How to Run a Company written by Dennis Carey and published by Crown Business. This book was released on 2003-10-14 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: LESSONS FOR EVERYONE IN BUSINESS FROM AN ALL-STAR TEAM Every six months Dennis C. Carey and Marie-Caroline von Weichs run the CEO Academy, an immersion course for newly appointed CEOs of the world’s leading companies—what Business Week called a “boot camp” for the next class of top executives. Those attending get a priceless range of unvarnished advice and invaluable lessons from an all-star team of veteran CEOs about how to get the results they were hired to achieve. What participants pay $10,000 to hear is now contained in this book, the insights and secrets of some of the most influential business leaders of our time. Here is advice from high-caliber businesspeople such as Larry Bossidy, the recently retired CEO of Honeywell International; Ray Gilmartin, the CEO of Merck; John Smale, the former chairman of General Motors and retired chairman and CEO of Procter & Gamble; and John Dasburg, who has run Northwest Airlines, Burger King, and now DHL Airways. Successful CEOs aren’t the only attraction. How to Run a Company also presents America’s leading business observers and watchdogs: Nell Minow, the shareholder rights activist; Ira Millstein, the legendary attorney and power broker; Matthew Bishop, business editor of The Economist; and Joseph Badaracco, Harvard Business School’s top professor of ethics. The combined team offers original and revealing observations on how business leaders at the top of the corporate world tackle pressing challenges, such as: • How an industrial goliath like DuPont dramatically shifted its business focus • How The Home Depot changed from fast-growing, free-wheeling adolescence to the management discipline that will help it mature and continue to expand • What Michael Armstrong, who oversaw the transformation of Hughes Electronics and AT&T, advises to companies whose core business begins to disappear • How the CEO of Tyco moved quickly during his first 100 days to build a new senior management team and began to restore trust in a company battered by scandal and bad publicity • The role of the board of directors and how corporate governance should be reformed • What strategies Jack Welch’s investor relations team at GE used to constantly probe who was buying the stock, who wasn’t, and why How to Run a Company is not just for CEOs, but anyone interested in the critical make-or-break factors in today’s ever-challenging business environment. As the demands and expectations in business become ever greater and the competition tougher, here in one volume is the accumulated wisdom and experience of people who have been in the trenches during a remarkable time. How to Run a Company is the success manual for the twenty-first century. From the Hardcover edition.

Stall Points

Stall Points

Author: Matthew S. Olson

Publisher: Yale University Press

Published: 2008-01-01

Total Pages: 251

ISBN-13: 030014542X

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In this probing study of the growth experience of Fortune 100-sized firms across the past fifty years, authors Olson and van Bever find that great companies stop growing not because of market saturation, government regulation, or other external constraints but rather because of a finite set of common strategy mistakes that appear time after time, across industries, across geography, and across the economic cycle."--Jacket.


Book Synopsis Stall Points by : Matthew S. Olson

Download or read book Stall Points written by Matthew S. Olson and published by Yale University Press. This book was released on 2008-01-01 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this probing study of the growth experience of Fortune 100-sized firms across the past fifty years, authors Olson and van Bever find that great companies stop growing not because of market saturation, government regulation, or other external constraints but rather because of a finite set of common strategy mistakes that appear time after time, across industries, across geography, and across the economic cycle."--Jacket.