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.