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Available December 2013
Isyourfirm’sboardcreatingvalue—ordestroyingit?Changeiscoming.LeadershipatthetopisbeingredefinedasboardstakeamoreactiveroleindecisionsthatoncebelongedsolelytotheCEO.Butforalltheadvantagesofincreasedboardengagement,itcancreatedebilitatingquestionsofauthorityanddangerousmeddlingintoday‐to‐dayoperations.Directorsneedanewroadmap—forwhentolead,whentopartner,andwhentostayoutoftheway.BoardroomveteransRamCharan,DennisCarey,andMichaelUseemadvocatethisnewgovernancemodel—anotabledeparturefromwhathasbeendemandedbygovernanceactivists,raters,andregulators—andrevealtheemergingpracticesthatdefinethesharedleadershipofdirectorsandexecutives.Basedonpersonalinterviewsandtheauthors’broadanddeepexperienceworkingwithexecutivesanddirectorsfromdozensoftheworld’slargestfirms,includingApple,Boeing,Ford,Infosys,andLenovo,BoardsThatLeadtellstheinsidestorybehindthesuccessesandpitfallsofthisnewleadershipmodelandexplainshowto: • Definethecentralideaofthecompany• EnsurethattherightCEOisinplaceandpotentialsuccessorsidentified• Recruitdirectorswhoaddvalue• Rootoutboarddysfunction• Selectaboardleaderwhodeftlybridgesthedividebetween
managementandtheboard• SetahighbaronethicsandriskWithatotalofeighteencheckliststhatwilltransformboarddirectorsfrommonitorstoleaders,Charan,Carey,andUseemprovideasmartandpracticalguideforbusinesspeopleeverywhere—whethertheyoccupytheboardroomortheC‐suite—onwhentolead,whentopartner,andwhentostayoutoftheway.
ABOUTTHEAUTHORSRamCharanisabusinessadvisorwhohasworkedwithexecutivesanddirectorsofsomeoftheworld’sleadingcompanies.Hehasauthoredseveralbooks,includingExecution(withLarryBossidy),WhattheCEOWantsYoutoKnow,andBoardsThatDeliver.DennisCareyisvicechairmanofKorn/FerryInternationalandspecializesintherecruitmentofCEOsandcorporatedirectors.HisbooksincludeCEOSuccessionandHowtoRunaCompany.MichaelUseemisprofessorofmanagementanddirectoroftheCenterforLeadershipandChangeManagementattheWhartonSchool.Heistheauthororcoauthorofeightbooks,includingTheIndiaWay,LeadingUp,andTheLeadershipMoment.
Booksandebookswillbeavailableatretailersworldwide.Bookscanalsobepurchasedinbulkatadiscount.Ifinterested,pleasecontact:[email protected].
BoardsThatLead
WhentoTakeCharge,WhentoPartner,andWhentoStay
OutoftheWay
ByRamCharan,DennisCarey,andMichaelUseem
ISBN978‐1‐4221‐4405‐4eISBN978‐1‐4221‐4407‐7
US$35.00HardcoverAvailableDecember2013