Praise for Boardroom Realities
‘Authored by a ‘who’s who’ roster of governance experts,
Boardroom Realities covers the latest trends in board leadership
and performance as well as talent management for the board and the
C-suite–all critical topics for any director serious about
board service today.’
–Kenneth Daly, president and CEO, National Association of
Corporate Directors
‘If leadership and effectiveness in the boardroom were important
in a more benign environment, they’re absolutely vital in today’s
tumultuous times. Boardroom Realities provides a modern and
detailed road map to help steer chairmen, CEOs, and boards through
these uncharted governance waters.’
–Peter Weinberg, partner, Perella Weinberg Partners
‘Jay Conger’s Boardroom Realities offers a unique perspective on
governance through leadership, rather than compliance, and should
compel all directors to revisit the focus of board deliberations,
especially at this time of unprecedented economic and financial
turmoil.’
–Alison A. Winter, cofounder, Women Corporate Directors, and a
corporate director for Nordstrom, Inc.
‘Boardroom Realities is a very comprehensive compilation of
useful insights on key issues that boards must deal with every day.
It’s an excellent resource for board members as well as members of
management who must work together to ensure good governance on
behalf of shareholders.’
–Ronald D. Sugar, chairman of the board and CEO, Northrop
Grumman Corporation
‘Jay Conger has collected critical insights and the latest
thinking on board leadership from many of today’s foremost
governance thinkers. Boardroom Realities is a must for your board
and for any comprehensive corporate governance library.’
–Ralph D. Ward, publisher, Boardroom INSIDER, and author, The
New Boardroom Leaders
Daftar Isi
About the Authors xiii
Introduction: Leveraging Your Board’s Leadership Capability 1
Jay A. Conger
Part One: Leadership in Your Boardroom
1. Leadership: The Key to Effective Boards 25
Jay W. Lorsch
2. Why Your Board Needs a Non-Executive Chair 51
Jay A. Conger and Edward E. Lawler III
3. The Joint CEO/Chairperson Leadership Issue in Sharp Relief 69
Dan R. Dalton and Catherine M. Dalton
4. First Among Equals: Leading Your Fellow Directors as a Board Chair 85
Katharina Pick
Part Two: Talent Management Practices for Your Board
5. Appraising Your Board’s Performance 123
Jay A. Conger and Edward E. Lawler III
6. Getting the Right Directors on Your Board 145
Richard Leblanc
7. Women Directors in the Boardroom: Adding Value, Making a Difference 197
Sarah Smith Orr
8. Your Board’s Crucial Role in Aligning CEO Pay and Performance 227
Roger W. Raber
Part Three: CEO Succession: The Challenges and Opportunities Facing Your Board
9. Managing the CEO’s Succession: The Challenge Facing Your Board 253
Joseph L. Bower
10. Beyond Best Practices: Revisiting the Board’s Role in CEO Succession 277
Mark B. Nadler
11. Ending the CEO Succession Crisis 313
Ram Charan
Part Four: Improving Your Board’s Performance and Impact
12. How Your Board Can Leverage Team Practices for Better Performance 337
Elise Walton
13. What Your Board Needs to Know: Early Warning Signs That Provide Insight to What Is Really Going On in Companies 365
Sydney Finkelstein
14. Globalizing the Company Board: Lessons from China’s Lenovo 401
Michael Useem and Neng Liang
Part Five: Conclusion
15. Conventional Wisdom, Conventional Mythology, and the True Character of Board Governance 445
Jeffrey A. Sonnenfeld and Andrew Ward
Notes 469
Index 501
Tentang Penulis
Jay A. Conger holds the Kravis Research Chair in Leadership Studies at Claremont Mc Kenna College. He is the coauthor of Corporate Boards: New Strategies for Adding Value at the Top, Building Leaders, and The Practice of Leadership as well as eleven other books on leadership.
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