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    Owning Up: The 14 Questions Every Board Member Needs to Ask
    Owning Up: The 14 Questions Every Board Member Needs to Ask
    Owning Up: The 14 Questions Every Board Member Needs to Ask
    Audiobook5 hours

    Owning Up: The 14 Questions Every Board Member Needs to Ask

    Written by Ram Charan

    Narrated by Scott Peterson

    4.5/5

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    About this audiobook

    Owning Up

    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.
    LanguageEnglish
    PublisherAscent Audio
    Release dateJun 15, 2009
    ISBN9781596594159
    Author

    Ram Charan

    Ram Charan, who learned the art and science of business in his family's shoe shop, has consulted for many well-known companies, including GE, KLM and DuPont and is a bestselling author. He recently bought his first flat in Dallas, Texas, aged 67.

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    • 4/5
      Another excellent book by Ram Charan on what boards should focus on and how to implement better decision-making and policy development for boards.