Leadership and the New Science: Discovering Order in a Chaotic World by Margaret J. Wheatley
Leadership and the New Science launched a revolution by demonstrating that ideas drawn from quantum physics, chaos theory, and molecular biology could improve organizational performance. Margaret Wheatley called for free-flowing information, individual empowerment, relationship networks, and organizational change that evolves organically – ideas that have become commonplace. Now Wheatley’s updated classic, based on her experiences with these ideas in a diverse number of organizations on five continents, is available in paperback.
Trust: The Social Virtues and The Creation of Prosperity by Francis Fukuyama
In his bestselling The End of History and the Last Man, Francis Fukuyama argued that the end of the Cold War would also mean the beginning of a struggle for position in the rapidly emerging order of 21st-century capitalism. In Trust, a penetrating assessment of the emerging global economic order “after History,” he explains the social principles of economic life and tells us what we need to know to win the coming struggle for world dominance.
Challenging orthodoxies of both the left and right, Fukuyama examines a wide range of national cultures in order to divine the underlying principles that foster social and economic prosperity. Insisting that we cannot divorce economic life from cultural life, he contends that in an era when social capital may be as important as physical capital, only those societies with a high degree of social trust will be able to create the flexible, large-scale business organizations that are needed to compete in the new global economy.
Culture of Inquiry : Healthy Debate in the Boardroom by Nancy R. Axelrod
This book explains how to create a culture of inquiry within the boardroom – one marked by mutual respect and constructive debate that leads to sound and shared decision making. It details how to develop an environment where board members solicit, acknowledge and respectfully listen to different points of view; where they seek more information, question assumptions, and challenge conclusions so that they may advocate for solutions based on analysis; and where board members are able to voice their concerns before reaching a collective decision, which, once made, is supported by the entire board. It includes tools for creating an environment of trust, for cultivating teamwork, for stimulating dialogue, and for sharing information. Written by one of the preeminent experts in nonprofit governance, this guide shows how to engage and energize board members and make better decisions.
Governance Committee (Boardsource Committee Series, 1.) by Sandra R. Hughes, Berit M. Lakey, Outi Flynn
All things must be properly fed and cared for in order to thrive and succeed…. A nonprofit board is no different. The governance committee ensures the constant health and effectiveness of the full board and the work it performs for the organization. It expands the traditional idea of a nominating committee, clarifying the variety of responsibilities a governance committee truly has. Governance Committee discusses this group’s challenging responsibility in overseeing the performance of the board and managing compliance to the organization’s mission. Discover how this committee can help all boards – new or seasoned – live up to their highest potential, keeping board members energized and engaged in maintaining value and control.
The Recurrent Crisis in Corporate Governance by Paul Macavoy and Ira Millstein
Named one of the 2003 books of the year in the Economist: “A convincing explanation of why, despite all of the recent reforms in American corporate governance, there will probably be more firms that go the way of Enron.”
In the last thirty years, there has been a gradual erosion in the abilities and responsibilities of corporate boards.
In addition to the ethics scandals that have plagued companies both new and established over the last three years, a number of over-diversified, over-staffed companies experienced failures that might have been avoided had there been proper oversight on the part of the board. While reform of the governance system has received considerable attention from the press, business leaders, and politicians, there have been few analyses of what is really happening on a systemic level, and even fewer workable suggestions for reform.
The Recurrent Crisis in Corporate Governance provides an expert assessment of what went wrong on corporate boards and how to fix them. The book begins with both a legal and economic examination of corporate governance during the last three decades, including the broad issue of boards taking on responsibilities without being able to fulfill their obligations because of the lack of access to information and people within the corporation.
The authors then go on to show the correlation between strong board performance and strong company performance, make the case for separating the CEO and Chair positions, comment on the collapse of nine major corporations, including Global Crossing, K-Mart, Lucent, and Qwest, and provide suggestions on how boards can be more effective stewards of the shareholders’ and public’s trust.