Summary of Owning Up

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Rating

9 Overall

9 Applicability

7 Innovation

8 Style


Recommendation

Corporate directors have their hands full. They must help their companies prosper, keep their shareholders happy, establish sensible CEO performance standards, and evaluate strategy and risk in a volatile business climate. How can board members keep all those balls in the air? These dilemmas have no easy answers, but Ram Charan, best-selling business author and leading expert on corporate governance, provides excellent suggestions for this formidable balancing act. Though his text sometimes digresses – interestingly – from its mission, Charan provides board members with many useful, if not entirely new, insights. If you are a corporate director or even if you sit on a nonprofit’s board, getAbstract believes you can gain a lot from reading this superb, savvy book.

In this summary, you will learn

  • Why boards of directors are in the hot seat
  • What their 14 primary concerns are
  • How best to handle these challenges
 

About the Author

Ram Charan, Ph.D., advises CEOs and boards. He is a popular author who has published 15 other business books, including Execution, a bestseller he co-authored. He is a member of three corporate boards. Directorship magazine named Charan one of its top 100 directors.

 

Summary

Hard Times for Directors
Directors face an unsettling new situation. With many businesses struggling, and corporate watchdog groups demonstrating increasing bark and bite, CEOs aren’t the only ones taking the heat. Now, public attention turns also to boards and individual directors. In...

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