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The
Boardroom bookshelf |
If you want to extend the knowledge and capabilities
you bring to your board, here is a selection of
recommended reading.
Colin
B. Carter and Jay W. Lorsch. (2004) Back
to the Drawing Board: Designing Corporate
Boards for a Complex World. Boston. Harvard
Business School Press ISBN 1-57851-776-1
(Reviewed in Good Governance #38, March -April
2004) |
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Colin
Carter and Jay W. Lorsch have written an
easily read book which is subtle, simple-
yet profound. They tackle many of the myths,
misconceptions and behaviours that have
shaped traditional thinking about governance
effectiveness. A particular strength of
the book is its focus on the human side
of corporate governance and the importance
of interpersonal dynamics pivotal to effective
board leadership.
We think this book is great and recommend buying it.
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Bob
Garratt. (2003) Thin on Top: Why Corporate
Governance Matters and How to Measure and
Improve Board Performance. London. Nicholas
Brealey. ISBN 1-85788-319-5
(Reviewed in Good Governance #36, November-December
2003) |
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In
this book, Garratt explores factors contributing
to current global corporate governance difficulties.
The book is structured in two parts. In
Part 1, Garratt considers issues that result
in many boards failing to meet the challenges
facing them. This part concludes with a
chapter reflecting on what the author describes
as the ten directoral duties. Part 2, entitled
'Toward Board Performance' gives some more
practical advice on dealing with a variety
of boardroom challenges.
We
found this to be a cogent analysis of the
overall state of corporate governance written
from a global perspective. Whilst not as
practical as other books written by Bob
Garratt, we recommend this book.
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John
L. Ward. (1997) Creating Effective Boards
for Private Enterprise. Meeting the Challenges
of Continuity and Competition. Marietta.
GA. Business Owners Resources ISBN 1-55542-352-3
(Reviewed in Good Governance #34, July-August
2003) |
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In
this book John L. Ward focuses on the governance
challenges facing family owned companies.
He makes a compelling case for the development
of a well-developed and constructed governing
board that is able to assist a family retain
ownership of its company. Step-by-step guidelines
are provided for family members and 'outside'
directors to develop and manage such a board.
Ward also addresses sensitive issues such
as estate planning and succession planning
when family members are seen as unsuitable
for employment in the business.
We
found this a readable and beneficial book.
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John
Carver with Caroline Oliver. (2002) Corporate
Boards That Create Value: Governing Company
Performance From the Boardroom. San Francisco.
JosseyBass ISBN 0-7879-6114-0
(Reviewed in Good Governance #29, September-October
2002) |
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Well
known for his work focussing on the not-for-profit
sector, John Carver (in collaboration with
Caroline Oliver) has explicitly written
this book with the corporate (i.e. for-profit)
sector. In it, Carver and Oliver remind
readers that effective governance is not
about more control but about effective delegation.
A particular strength is the way the book
handles the relationship between the board
and the chief executive and the guidance
it provides for boards wishing to be more
effective in providing effective oversight
of chief executive performance.
We
suggest this is the most useful publication
yet produced to explain the powerful board
performance concepts John Carver has developed
and how to use them.
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Eli
Mina (2000) The Complete Handbook of Business
Meetings New York: Amacom ISBN 0-8144-0560-6
(Reviewed in Good Governance #20, March-April
2001) |
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We
think 'The Complete Handbook of Business
Meetings' is the best book we have come
across on how to run effective meetings.
It offers sound advice to those planning,
chairing or particpating in board meetings
- advice which applies to the many other
types of meetings readers may be involved
with. In particular we were impressed by
his underlying emphasis on assisting readers
to learn how to conduct meetings in a simpler,
more user-friendly manner.
We strongly recommend this book to anyone
wishing to contribute to meetings that are
productive, inclusive and enjoyable.
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Patrick
Dunne. (1997) Running Board Meetings. Tips
and Techniques for Getting the Best from Them.
London. Kogan Page Ltd. ISBN 0 7494 2379
(Reviewed in Good Governance #12, November-December
1999) |
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Patrick
Dunne has been involved in restructuring
boards and in forming boards in major change
situations. Whilst most business-culture
references reflect his British experiences,
Dunne undertook additional research in the
U.S.
We found the arrangement of the book seemingly
hazard. Even on the same page comment can
swing from one boardroom practice to a completely
different one. Similarly although many of
cartoons were well chosen and a delight,
the relevance of others was less apparent.
Although we found the book a 'hit and miss'
affair , it does contain some interesting
information and some sage advice.
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Caroline
Oliver and others. (1999) The Policy Governance
Handbook: Practical Lessons, Tips and Tools
from the Experience of Real-World Boards.
San Francisco. Jossey-Bass Publishers. ISBN
0-7879-4366-5
(Reviewed in Good Governance#11, September-October
1999) |
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Caroline
Oliver and a group of practitioners of John
Carver's Policy Governance ® principles
have collaborated to produce this readable
and eminently practical book. The authors,
drawing on their experiences as consultants
and CEOs, have written a Carver manual for
ordinary readers. Beginning with an explanation
of the philosophy underlining Policy Governance®,
The Policy Governance Manual explores the
various parts of the model with real-life
examples and tips for implementation.
We
recommend this book as being particularly
relevant to those board which have adopted
the Carver model of governance.
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John
Carver and Miriam Mayhew Carver (1997) Re-inventing
your Board: a Step by Step Guide to Implementing
Policy Governance.San Francisco. Jossey-Bass
Publishers. ISBN 0-7879-0911-4
(Reviewed Good Governance # 6 , November -December
1998) |
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Styled
as a "hands on" step-by step guide, this
book is intended as a practical manual for
to assist board in implementing John Carver's
Policy Governance® model for governance.
The book is divided into three parts, each
addressing a different phase of implementation
of that model. While the boo stands on its
own, it is most useful as a companion to
"Boards that Make a Difference", (Carver.
J. 1990).
We recommend this book to readers especially
if they are involved with boards that are
seeking to develop their governance practices
along Policy Governance® principles.
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| Henry
Bosch. The Director at Risk: Accountability
in the Boardroom. Pitman Publishing. Melbourne.
1995. ISBN 0-7299-0325-7 |
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Many
recent books on corporate governance reflect
the growing concern of directors around the
world to protect themselves. A very experienced
executive and company director, Bosch explores
the demands on directors to apply more diligence
and skill than was historically expected and
suggests a variety of very practical ways
to do this. |
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| Richard
P. Chait, Thomas P. Holland and Barbara E.
Holland. Improving the Performance of Governing
Boards. American Council on Education.
Oryx Press. Phoenix Arizona. 1996. ISBN 1-57356-037-5 |
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Based
primarily on an in-depth study of tertiary
education boards the authors offer an analysis
of boardroom performance and suggested developmental
approaches. Of particular interest, seldom
addressed elsewhere is a discussion of effective
ways of overcoming resistance to board performance
development initiatives. A very practical
and widely applicable analysis of boardroom
performance issues. |
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| Ram
Charan. Boards at Work: How Corporate Boards
Create Competitive Advantage. Jossey-Bass
Publishers. San Francisco. 1998. ISBN 0-7879-1060-0 |
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Do
you want to change the way your board works?
Packed with insights into the dynamics of
how boards operate, the central theme of the
book is an exploration of the question 'how
can organisations unlock the intellectual
power of the board?'. Charan takes a comprehensive
and pragmatic look at how boards can leverage
their members' collective knowledge and judgement
through open, candid discussion. |
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| Bob
Garratt. The Fish Rots From the Head: The
Crisis in Our Boardrooms: Developing the Crucial
Skills of the Competent Director. HarperCollinsBusiness.
London. 1996. ISBN 0-00-255613-8 |
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One
of the original writers on the 'learning organisation',
Garratt applies these concepts to the work
of the board. Starting from the premise that
the great majority of directors have no training
for the job Garratt attempts to clarify and
integrate the roles and tasks of the board
and its members. In particular he emphasises
the need to learn new thinking styles to apply
to the intellectual activity of governing.
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| Frederick
G.Hilmer. Strictly Boardroom: Improving
Governance to Enhance Company Performance.
Information Australia. Melbourne. Second edition
1998. ISBN 1-86350-249-1 |
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This
report of an independent working party into
corporate governance (originally published
in 1993) was published in response to a concern
that boards, in the wake of the corporate
crashes of the late 1980s and early 1990s,
were becoming too defensive. This book offers
a perspective that urges directors to get
the conformance and performance aspects of
their work into a better balance with a view
to creating real value growth for shareholders.
An accessible and practical little book. |
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| David
Leighton and Donald Thain. Making Boards
Work: What Directors Must Do To Make Canadian
Boards Work. McGraw-Hill Ryerson. Whitby,
Ontario. 1997. ISBN 0-07-552834-7 |
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This
is a most comprehensive and thorough examination
of critical features of effective governance.
The combination of case studies and an exploration
of the structures, systems and processes leading
to best practice governance make this one
of the best books currently available. A very
practical and accessible book. Very highly
recommended. |
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