商品詳細

‘Where was the board?’ Time and again, we ask ourselves this very question in the wake of yet another corporate scandal or disastrous financial collapse. The board of directors are the guardians of the company, ensuring it is well-managed and operating in the best interest of shareholders and stakeholders. So why, when companies come crashing down, do we hear of boards who have failed in their fiduciary duties; that they have either been ignorant, complaisant or down-right complicit? The fact is that corporate scandals are nothing new, nor are they limited to any one geography. They are a damning indictment of our systems of corporate governance around the world, and yet little changes. We shrug and move on, accepting they are an unavoidable part the system that produces incredible wealth for economies and societies. But it should not be that way. This book shows how boards can be better. Looking not so much at the disasters themselves, but why they happen, the authors present in-depth case studies of major global corporations to illustrate the six dysfunctions of the boardroom and how they can be overcome. Exploring common themes such as lack of independence from management, missing key voices, cultural amplification, diffusion of responsibility, rule-bound cultures and groupthink, it identifies ways to strengthen boards, improve their culture and competence and give directors and others the power to take action and ultimately prevent disasters from happening. This is a must-have book for anyone operating in the boardroom, those aspiring to board positions, and anyone interested in why boards fail, so that the boardroom dysfunctions and their impact on society can be clarified, mitigated, and avoided.