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How Boards Work: And How They Can Work Better in a Chaotic World

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A New York Times bestselling author and veteran board member offers an insider's view of corporate boards, their struggles, and why they must adapt to survive.

Corporate boards are under great pressure. Scandals and malpractice at companies like Theranos, WeWork, Uber, and Wells Fargo have raised justified questions among regulators, shareholders, and the public about the quality of corporate governance. In How Boards Work, prizewinning economist and veteran board director Dambisa Moyo offers an insider's view of corporate boards as they are buffeted by the turbulence of our times.

Moyo argues that corporations need boards that are more transparent, more knowledgeable, more diverse, and more deeply involved in setting the strategic course of the companies they lead. How Boards Work offers a road map for how boards can steer companies through tomorrow's challenges and ensure they thrive to benefit their employees, shareholders, and society at large.

ISBN-13: 9781541619425

Media Type: Hardcover

Publisher: Basic Books

Publication Date: 05-04-2021

Pages: 304

Product Dimensions: 6.10(w) x 9.30(h) x 1.10(d)

Dambisa Moyo is a prizewinning author of the New York Times bestsellers Edge of Chaos, Winner Take All, and Dead Aid, and she was named one of the "100 Most Influential People in the World" by Time magazine. Moyo regularly contributes to the Wall Street Journal and Financial Times. She lives in New York City and London.

Table of Contents

Preface ix

Introduction 1

Chapter 1 Setting the Company Strategy 17

Chapter 2 Hiring (and Firing) the CEO-and the Board 61

Chapter 3 A Culture Revolution Enters the Boardroom 117

Chapter 4 Five Critical Issues No Board Should Ignore 167

Chapter 5 Innovate or Die: The Existential Crisis of the Twenty-First-Century Board 215

Acknowledgments 229

Bibliography 231

Index 269