Unlike the common reliance on tedious recipes, simplistic admonitions, finger-pointing vilification, and self-interested dogma, Leadership and Governance from the Inside Out gathers a priceless portfolio of expertise across fields and ideologies. Among the disparate voices collected here are the candid insights of both successful and failed CEOs, the passions of pioneering shareholder activists, the tradeoffs of courageous whistleblowers, the research inferences of renowned management scholars, the recommendations of insightful accountants, the wisdom of experienced attorneys, and the dreams of trailblazing regulators.
This book avoids a simplistic synthesis of the contrasting perspectives. Never before have such varied opinion leaders appeared in print together to address shared governance concerns. The distinguished contributors include current and past SEC chairmen William Donaldson and Arthur Levitt; governance advocates like Vanguard founder Jack Bogle; the Corporate Librarys Nell Minow; Enrons Sherron Watkins; past and current CEOs such as Norman Augustine of Lockheed Martin, Robert Lane of John Deere, and Bill George of Medtronic; prominent scholars such as Yales Rick Antle, USCs Warren Bennis, Harvards Rosabeth Moss Kanter and Rakesh Khurana, INSEADs Manfred Kets de Vries, and Whartons Michael Useem.
Leadership and Governance from the Inside Out transcends the hand-wringing over current crises to help resolve the problems with fresh ideas about reform. Some boards continue as rubber stamps for management while others have become needlessly adversarial. This book is a vital resource for those business leaders who choose to restore or fortify the trust of shareholders and employees while safeguarding their own priceless reputations.
"The subject of corporate governance is daunting, covering a sometimes bewildering array of complex legal, ethical, and financial issues. Gandossy and Sonnenfeld deserve immense credit for bringing together distinguished contributors from the worlds of academia and business to address these critical subjects in a single comprehensive volume."
Henry M. Paulson, Jr., Chairman and CEO, Goldman, Sachs & Co.
"Gandossy and Sonnenfeld offer us many viewpoints on corporate governance and shed new light on the dysfunctions of seemingly functional organizations. I dont agree with all the remedies, but I clearly understand the anger of the betrayed employee and investor. Corporate crooks should face swift justice. Everyone else should read this book."
Hank McKinnell, Chairman and CEO, Pfizer Inc.
"A superbly crafted, thought-provoking, and compelling contribution to the dialogue of the day on corporate leadership and governance."
Doug Conant, President and CEO, Campbell Soup
"I have dreaded most required readings since college. Then along comes this fantastic book filled with great essays about what the somewhat ethereal notion of good corporate governance means, not in the abstract but in practice. I didnt think that any one text could assemble so many heavyweights on the issue. Thats why this required reading breaks the mold on a topic that most of us wish we didnt have to focus on but we must because the consequences of ignorance are decidedly non-blissful."
James Cramer, founder of The Street.com and co-host, CNBCs Kudlow & Cramer