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Leading from the boardroom

Lorsch, Jay W. - ; Clark, Robert C. - ;

It's no exaggeration to say that the governance of companies has moved from the inner sanctum of the boardroom to the white-hot spotlight of public discourse. More is demanded these days from independent directors: They're expected to ensure their firms' compliance with an ever-evolving set of regulations, head off executive wrongdoing at the pass, and appease shareholders' and Wall Street's never-ending hunger for positive short-term results. Directors seem to be rising to this challenge. By necessity, boards are working overtime to comply with Sarbanes-Oxley and other relatively new reporting requirements. To keep pace, they're overemphasizing committee work instead of harnessing the intellectual power of the whole board to deal with complex matters. Instead of working collaboratively with management, they're creating or perpetuating dysfunctional relationships that cast directors as corporate police who enforce rules and trace managers' missteps, rather than guides who help managers choose the right path. Independent directors cannot be expected to understand all the details of their companies' performance successes or failures, but they can and should be able to stay focused on long-term trends and the impact of those trends on their companies. In short, they must learn to lead from the boardroom. We provide some advice for doing just that. We'll explore the changed environment directors are operating in, what they need to do to regain control of their agendas, and what it looks like when directors take the lead in critical, forward-looking discussions about finance, strategy, and talent development..Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: Harvard Business School
Edisi-
SubjekLeadership
Corporate Culture
Boards of directors
Managerial Skills
Outside directors
ISBN/ISSN178012
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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