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On a front row seat at a board of directors meeting, while everyone acknowledges their power in deciding a company's direction and operation is beyond dispute, what corporate boards actually do, from day to day, is not well known. "On the Board" offers a unique perspective on how boards actually operate, while examining key issues and controversies boards generally face. Veteran CEO Bill Dimma outlines the most effective ways for a corporate board to govern. He details the nitty gritty of: executive and director compensation; director and board evaluation; CEO succession planning; board chairman and CEO roles, separation or not; pension fund management; advisory boards; and, the growing influence of institutional investors. Supported by the Institute of Corporate Directors, this invaluable guide offers both world class advice and sharp personal wisdom on the ways and workings of corporate boards.