Back to the Drawing Board: Designing Corporate Boards for a Complex World - Hardcover

Carter, Colin B.; Lorsch, Jay W.

Hardcover

ISBN 10: 1578517761 ISBN 13: 9781578517763

Publisher: Harvard Business Review Press, 2003

Synopsis

Back to the Drawing Board Argues that boards are being pressed to perform unrealistic duties given their traditional structure, processes, and membership. This book proposes a strategic redesign of boards - making them attuned to their oversight, decision-making, and advisory roles - to enable directors to meet twenty-first century challenges. Full description

About this title

Synopsis:

This book reinvents corporate boards for the twenty-first century. Business scandals from Enron to WorldCom have escalated concerns about corporate governance into a full-blown crisis. Institutional investors and legislators have dominated the debate and enacted important changes in corporate accounting and other areas. But Colin B. Carter and Jay W. Lorsch say that we must now focus on the performance of corporate boards. This timely book argues that boards are being pressed to perform unrealistic duties given their traditional structure, processes, and membership. Carter and Lorsch propose a strategic redesign of boards - making them better attuned to their oversight, decision-making, and advisory roles - to enable directors to successfully meet twenty-first century challenges.Based on the authors' deep expertise and longtime experience working with boards around the world, and on a probing survey of CEOs, Carter and Lorsch help boards to develop a realistic value proposition customized to the company they serve. The authors explore the core dilemmas and responsibilities boards face, and outline a framework for designing the most effective structure, makeup, size, and culture.

This book provides a candid account of the current state of boards and points the way in a time of crisis and change.

About the Author:

Jay W. Lorsch is the Louis Kirstein Professor of Human Relations at Harvard Business School.

About this edition

• Publisher: Harvard Business Review Press
• Publication date: 2003
• ISBN 10: 1578517761
• ISBN 13: 9781578517763
• Binding: Hardcover
• Number of pages: 256