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The New Boardroom Leaders How Today's Corporate Boards Are Taking Charge
Ralph D. Ward
ISBN: 0-313-35300-X
ISBN-13: 978-0-313-35300-0
224 pages
Praeger Publishers
Publication: 10/30/2008
List Price: $44.95 (UK Sterling Price: £31.95)
Availability: In Stock
Media Type: Hardcover
Also Available: Ebook
Trim Size: 6 1/8 x 9 1/4
Subjects: Reviews:
  • "An absolute must for anyone who wants to stay on top of the living being that is the modern corporation, The New Boardroom Leaders is a strongly recommended pick for executives and community library business collections."
    —The Midwest Book Review
    2/1/2009
Description: For generations, the cozy, standard model of boardroom leadership was simple: The CEO was also Chairman of the Board, and directors rubberstamped his initiatives. The 2002 Sarbanes-Oxley Act forced radical change on all U.S. public corporations: The board must now hold sessions without management, key committees have tough new independence rules, and all board members now face an unavoidable legal responsibility to provide truly independent oversight of the corporation. Missteps can put companies and individual directors in serious legal danger. The result is an urgent demand that corporate boards develop their own confident, independent leaders from within. But how? That's something that governance expert Ralph Ward, in The New Boardroom Leaders, explains in detail.

Until now, no one has tracked and compiled answers to new, basic governance questions. What should a lead director's job description include? Why is a separate chair not necessarily an independent chair? How do you shape an agenda for meetings of independent directors? How do CEOs and the new board leaders divide their roles? How much power should a separate board leader really have? This book answers these questions and more. Companies are scrambling to create new procedures and roles. But there are few job descriptions for these new boardroom leaders—something this book provides, as well as a wealth of insights and tips. The New Boardroom Leaders offers the first inside look at how board leaders actually do their jobs, based on extensive interviews and research. The emphasis will be on practical advice from real board leaders on what worked in their boardrooms, what didn't, and what they expect in the future. It will become a longtime, worthy guide for board members in the new world brought on by Sarbanes-Oxley and the quest for ever-better, and strictly ethical, corporate performance.
Table of Contents:
  • Preface
    1. A Bit of History: The Board Leaders Who Didnt
    2. Courts, Regulators, and Shareholders Ask Whos in Charge
    Here?
    3. How SOX Put the Board in Charge
    4. Demanding New Disclosures from the Board
    5. Inventing the Independent Board Leader
    6. Three Models, Three Philosophies, of Leadership
    7. A Leaders Role: When Independent Directors Meet Behind
    Closed Doors
    8. A Leaders Role: Evaluation of the Board and Its Governance
    9. A Leaders Role: Shaping Logistics the Board Actually Needs
    10. A Leaders Role: Liaison With the Board, and With the CEO
    11. A Leaders Role: Conducting the Board Meetings
    12. A Leaders Role: Board and Director Education
    13. A Boardroom Reality Check
    14. The Independent Board Chair: In Search of Role Models
    15. The Independent Board Chair: Less Than Meets the Eye
    16. The Independent Board Chair: Taking the Lead
    17. The Combined CEO/Chairman: Coping With New Realities
    18. Lead/Presiding Directors: Giving the Board Its Own Voice
    19. Leading the Boards Committees: Where the Action Is
    20. Governance/Nominating Committees: Teaching the Board to
    Govern Board
    21. Audit Committees: Swearing by the Numbers
    22. Compensation Committees: Managing the CEOs Paydays
    23. Board Leadership Pitfalls, Or, How Hewlett-Packard Fixed
    Its Leaks
    24. Boardroom Leaderships Unanswered Questions
    25. Tomorrows Board Leaders
    Notes
    Index
About the Author: Ralph D. Ward is an internationally recognized writer and commentator on the role of boards of directors, the secrets of how benchmark boards excel, governance reforms and innovation, and the future of corporate governance worldwide. Ward is publisher and editor of the corporate governance newsletter Boardroom INSIDER, and the editor of The Corporate Board magazine. He is the author of Saving the Corporate Board, Improving Corporate Boards: The Boardroom INSIDER Guidebook, and 21st Century Corporate Board.
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