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.
Forces for Good, Revised and Updated: The Six Practices of High-Impact Nonprofits by Leslie R. Crutchfield and Heather McLeod Grant
In the first edition of Forces for Good, the authors studied 12 nonprofits that achieved extraordinary levels of impact and distilled six counter-intuitive practices that these organizations used to change the world. This revised and updated edition explores how the recent economic and social upheavals has impacted those noteworthy organizations.
Boards That Lead: When to Take Charge, When to Partner, and When to Stay Out of the Way by Ram Charan, Dennis Carey, Michael Useem
Is your firm’s board creating value—or destroying it?
Change is coming. Leadership at the top is being redefined as boards take a more active role in decisions that once belonged solely to the CEO. But for all the advantages of increased board engagement, it can create debilitating questions of authority and dangerous meddling in day-to-day operations. Directors need a new road map—for when to lead, when to partner, and when to stay out of the way.
Boardroom veterans Ram Charan, Dennis Carey, and Michael Useem advocate this new governance model—a sharp departure from what has been demanded by governance activists, raters, and regulators—and reveal the emerging practices that are defining shared leadership of directors and executives. Based on personal interviews and the authors’ broad and deep experience working with executives and directors from dozens of the world’s largest firms, including Apple, Boeing, Ford, Infosys, and Lenovo, Boards That Lead tells the inside story behind the successes and pitfalls of this new leadership model and explains how to:
• Define the central idea of the company
• Ensure that the right CEO is in place and potential successors are identified
• Recruit directors who add value
• Root out board dysfunction
• Select a board leader who deftly bridges the divide between management and the board
• Set a high bar on ethics and risk
With a total of eighteen checklists that will transform board directors from monitors to leaders, Charan, Carey, and Useem provide a smart and practical guide for business people everywhere—whether they occupy the boardroom or the C-suite.
Boards That Deliver: Advancing Corporate Governance From Compliance to Competitive Advantage by Ram Charan
Based on years of hands-on experience and building on the breakthrough ideas of Boards at Work, Charan provides practical, actionable ideas to move boards to a higher level of performance—to make a step-change improvement in the quality of their governance. By detailing the evolution of board dynamics in the post–Sarbanes-Oxley environment and providing insight into new best practices, Ram Charan has developed a comprehensive guide to creating and maintaining a next-generation board.
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.