Corporate Boards: New Strategies for Adding Value at the Top

by Jay A. Conger, Edward E. Lawler III, David Finegold

Overview

This outstanding work reveals how boards governing 21st-century organizations can change their practices and align their principles to successfully govern the organization of the new economy. The authors propose that judging a board's effectiveness should be done not in a "shareholder" context but in a "stakeholder" context instead. They couch their reforms in a framework that focuses on what determines effective governance behavior: information, knowledge, power, and rewards.They argue it is behavior, not practices that count, and look at boards from a group and an organizational perspective.

Product Details

ISBN-13:	9780787956202
Publisher:	Wiley
Publication date:	04/11/2001
Series:	Jossey-Bass Business and Management Series
Pages:	240
Product dimensions:	7.20(w) x 9.70(h) x 1.06(d)

About the Author

JAY A. CONGER is professor of organizational behaviort at the London Business School and senior research scientist at the University of Southern California's (USC) Center for Effective Organizations. He is the author or coauthor of nine books, including Building Leaders (1999) and The Leader's Change Handbook (1998), both from Jossey-Bass. EDWARD E. LAWLER is director of the Center for Effective Organizations at USC and professor of management and organization in the USC Marshall School of Business. He has been named one of the country's leading management experts by Business Week magazine. DAVID L. FINEGOLD is associate research professor at the Center for Effective Organizations. His research focusing on the impact of the Internet on firms and their relationship with employees will be featured in Net-Enabled, a forthcoming book with Jossey-Bass.

Table of Contents

WHAT SHOULD BOARDS DO?

Critical Boards Activities.

Attributes of High Performance Boards.

PRINCIPLES AND PRACTICES FOR EFFECTIVE BOARDS.

Board Membership.

Board Leadership.

Information for High Performance Boards.

Evaluating the CEO.

Evaluating and Rewarding the Board?: Performance.

BOARDS IN THE FUTURE.

Governing in the Age of the Internet.

To Whom Are Boards Accountable?

Redesigning the Board: New Governance Forms.

Conclusion.

Appendix: Research Background.

Editorial Reviews

"The most comprehensive analysis of board practices available. Research results and real world examples that will help CEOs and directors build the corporate boards of the future. Effectively combines thoughtful analysis with action steps that make governance practices come alive." —Rich Teerlink, chairman and CEO (retired), Harley Davidson

"This lastest book by the team of Conger, Lawler, and Finegold-which draws from Korn/Ferry's ongoing research on the policies and practices of corporate America's largest boards-is a comprehensive, thoughtful examination of the challenges faced by boards today, and what they can do to become more effective in meeting the needs of their diverse stakeholders. This is a valuable tool for anyone who now serves on a board-or is interested in learning more about the responsibilities inherent in assuming a directorship role." —Richard M. Ferry, chair, Korn/Ferry International

"A defining piece of work in the emerging field of corporate governance. Based on solid and comprehensive research, the authors have provided a balanced and thoughtful road map for enhancing board effectiveness. Every CEO in the country should read this book and keep it on his or her desk." —David A. Nadler, chairman, Mercer Delta Consulting

"The single best, data-based book on corporate goverance. Should be required reading for every senior executive and board member." —Warren Bennis, Distinguished Professor of Business Administration University, of Southern California, and author of Managing the Dream

From the Publisher