Owning Up

The 14 Questions Every Board Member Needs to Ask

By Ram Charan | Publisher: Wiley

About the book

YOUR WORLD AS A DIRECTOR HAS SUDDENLY CHANGED. YOU’VE SEEN MEMBERS OF OTHER boards take the heat when their companies imploded. The managements of Lehman Brothers, Bear Stearns, Merrill Lynch, and Washington Mutual clearly failed, but so did their boards. Now the board of every company beset with problems is coming under scrutiny.

The pressure is on. Your board must own up to its accountability for the performance of the corporation. Governance now means leadership. Boards must change their modus operandi to address the new and complex issues that are emerging. These include

  • ENSURING LIQUIDITY IN THE CONTEXT OF THE GLOBAL FINANCIAL CRISIS
  • SETTING CEO PERFORMANCE TARGETS IN A VERY UNCERTAIN ECONOMY
  • ASSESSING STRATEGY AND ENTERPRISE RISK UNDER EXTREME VOLATILITY

So what should boards do now? What should they be talking about in their meetings and executive sessions? What decisions must they make? How assertive must they be regarding company priorities and operating goals?

In Owning Up, business advisor and corporate governance expert Ram Charan answers these and other burning questions on the minds of directors and business leaders. He describes best practices that are emerging in boardrooms he has observed firsthand. And he provides practical recommendations on a range of issues, from compensation to dealing with external constituencies. Wisely attuned to the human side, he confronts the need for some boards to refresh their composition and for others to rebalance their board dynamics.

Directors, CEOs, general counsels, and operating executives will find here the guidance they need to meet the new and rising standards for corporate governance in this demanding business environment.

Editions of Owning Up

Hardcover
ISBN 9780470397671
EBook
ISBN 9780470485491
EBook
ISBN 9780470485507

Read an Excerpt

YOUR WORLD AS A DIRECTOR HAS SUDDENLY CHANGED. YOU’VE SEEN MEMBERS OF OTHER boards take the heat when their companies imploded. The managements of Lehman Brothers, Bear Stearns, Merrill Lynch, and Washington Mutual clearly failed, but so did their boards. Now the board of every company beset with problems is coming under scrutiny.

The pressure is on. Your board must own up to its accountability for the performance of the corporation. Governance now means leadership. Boards must change their modus operandi to address the new and complex issues that are emerging. These include

  • ENSURING LIQUIDITY IN THE CONTEXT OF THE GLOBAL FINANCIAL CRISIS
  • SETTING CEO PERFORMANCE TARGETS IN A VERY UNCERTAIN ECONOMY
  • ASSESSING STRATEGY AND ENTERPRISE RISK UNDER EXTREME VOLATILITY

So what should boards do now? What should they be talking about in their meetings and executive sessions? What decisions must they make? How assertive must they be regarding company priorities and operating goals?

In Owning Up, business advisor and corporate governance expert Ram Charan answers these and other burning questions on the minds of directors and business leaders. He describes best practices that are emerging in boardrooms he has observed firsthand. And he provides practical recommendations on a range of issues, from compensation to dealing with external constituencies. Wisely attuned to the human side, he confronts the need for some boards to refresh their composition and for others to rebalance their board dynamics.

Directors, CEOs, general counsels, and operating executives will find here the guidance they need to meet the new and rising standards for corporate governance in this demanding business environment.

Frequently Asked Questions

What is Owning Up about?

YOUR WORLD AS A DIRECTOR HAS SUDDENLY CHANGED. YOU’VE SEEN MEMBERS OF OTHER boards take the heat when their companies imploded. The managements of Lehman Brothers, Bear Stearns, Merrill Lynch, and Washington Mutual clearly failed, but so did their boards. Now the board of every company beset with problems is coming under scrutiny.

The pressure is on. Your board must own up to its accountability for the performance of the corporation. Governance now means leadership. Boards must change their modus operandi to address the new and complex issues that are emerging. These include

  • ENSURING LIQUIDITY IN THE CONTEXT OF THE GLOBAL FINANCIAL CRISIS
  • SETTING CEO PERFORMANCE TARGETS IN A VERY UNCERTAIN ECONOMY
  • ASSESSING STRATEGY AND ENTERPRISE RISK UNDER EXTREME VOLATILITY

So what should boards do now? What should they be talking about in their meetings and executive sessions? What decisions must they make? How assertive must they be regarding company priorities and operating goals?

In Owning Up, business advisor and corporate governance expert Ram Charan answers these and other burning questions on the minds of directors and business leaders. He describes best practices that are emerging in boardrooms he has observed firsthand. And he provides practical recommendations on a range of issues, from compensation to dealing with external constituencies. Wisely attuned to the human side, he confronts the need for some boards to refresh their composition and for others to rebalance their board dynamics.

Directors, CEOs, general counsels, and operating executives will find here the guidance they need to meet the new and rising standards for corporate governance in this demanding business environment.

What core themes, tropes, or subjects are explored in Owning Up?

Economics, Finance, Business and Management > Business and Management > Management and management techniques > Management: leadership and motivation

Where can I read a sample of Owning Up?

You can read an official preview of the few pages here https://www.book2look.com/book/9780470397671

Who is/are the Author/s of the book Owning Up?

Ram Charan

Who is the Publisher of the book Owning Up?

Wiley

What are the ISBN numbers for the physical and digital editions?

Owning Up is available as hardcover(ISBN 9780470397671) and ebook(ISBN 9780470485491) and ebook(ISBN 9780470485507)

Where can I buy Owning Up online or support local independent bookshops?

You can buy Owning Up from below

Where can I buy Owning Up?