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Boards That Lead: When to Take Charge, When to Partner, and When to Stay Out of the Way Hardcover – December 10, 2013
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Change is coming. Leadership at the top is being redefined as boards take a more active role in decisions that once belonged solely to the CEO. But for all the advantages of increased board engagement, it can create debilitating questions of authority and dangerous meddling in day-to-day operations. Directors need a new road mapfor when to lead, when to partner, and when to stay out of the way.
Boardroom veterans Ram Charan, Dennis Carey, and Michael Useem advocate this new governance modela sharp departure from what has been demanded by governance activists, raters, and regulatorsand reveal the emerging practices that are defining shared leadership of directors and executives. Based on personal interviews and the authors’ broad and deep experience working with executives and directors from dozens of the world’s largest firms, including Apple, Boeing, Ford, Infosys, and Lenovo, Boards That Lead tells the inside story behind the successes and pitfalls of this new leadership model and explains how to:
Define the central idea of the company
Ensure that the right CEO is in place and potential successors are identified
Recruit directors who add value
Root out board dysfunction
Select a board leader who deftly bridges the divide between management and the board
Set a high bar on ethics and risk
With a total of eighteen checklists that will transform board directors from monitors to leaders, Charan, Carey, and Useem provide a smart and practical guide for businesspeople everywherewhether they occupy the boardroom or the C-suite.
- Print length304 pages
- LanguageEnglish
- PublisherHarvard Business Review Press
- Publication dateDecember 10, 2013
- Dimensions6.4 x 1.1 x 9.3 inches
- ISBN-101422144054
- ISBN-13978-1422144053
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Editorial Reviews
Review
a must for anyone who sits on a major corporate boardor who wants to understand them . Their very helpful book provides lessons from their experiences, as well as practical advice to others going through the transformation.” Wall Street Journal
The writers know their stuff the authors know their audience.” Financial Times
a compelling account of a new leadership model for the modern corporation ” Directors & Boards magazine
The authors - Ram Charan, Dennis Carey, and Michael Useemeach an expert and practitioner in the field, throw a lot of insights on how companies can benefit from having boards that work rather than just exist.” Financial Express (India)
a wise and comprehensive book.” The Globe and Mail
The summarised action points at the end of each chapter allows busy readers to takeaway key thoughts to chew on at their own time of reflection.” BusinessLeadershipManagement (BLM), The Executives Magazine
Leadership at the top is being redefined as boards take a more active role in decisions that once belonged solely to the CEO. Ram Charan, Dennis Carey and Michael Useem advocate a new governance model and reveal the emerging practices that are defining shared leadership of directors and executives. With a total of eighteen checklists that will transform board directors from monitors to leaders, Charan, Carey and Useem provide a smart and practical guide for business people everywhere - whether they occupy the boardroom or the C-suite.” Strategic Management Bureau (UK)
ADVANCE PRAISE for Boards That Lead:
Alan Mulally, CEO and President, Ford Motor Company
Boards That Lead provides the essential road map for corporate leadership. With gripping accounts and compelling illustrations, Charan, Carey, and Useem show how directors can lead in strategic partnership with company executives. This is a game changer, required reading for all who seek to bring out the best in their boards.”
Fred Hassan, Managing Director (Healthcare), Warburg Pincus; Chairman and director, Bausch + Lomb; former Chairman and CEO, Schering-Plough; former lead director, Avon Products; director, Time Warner
This book shows how, through leading, partnering, and delegating, boards are now starting to shape the architecture of the company in unprecedented ways. This book is rich with storiesthere is nothing like learning from three world-leading practitioners on advancing board capabilities to get the company to raise its game.”
Roger W. Ferguson, Jr., President and CEO, TIAA-CREF
Boards That Lead offers an illuminating road map for how a board of directors can effectively engage and motivate its corporate management team to successfully navigate even the most complex of situations. This book should be on the must-read’ list of every corporate board member and senior executive.”
Ivan G. Seidenberg, former Chairman and CEO, Verizon Communications; former Chairman, Business Roundtable
This research, complete with compelling anecdotes and practical information, brilliantly explores how creative, flexible, and innovative processes provide the foundation for long-term, sustainable partnerships between the board and the companies they serve. This work captures the true innovation intended to guide the leadership mandate for any board.”
Maggie Wilderotter, Chairman and CEO, Frontier Communications; director, Procter & Gamble and Xerox Corporation
Boards That Lead is chock full of real-world examples that directors can use to improve their leadership and decision makingan impressive one-stop shop outlining board member roles, responsibilities, and actions, including the boundaries that boards and companies often fail to recognize. The checklists for putting this advice into action are comprehensive and practical the best I have seen.”
About the Author
Dennis Carey is Vice Chairman of Korn/Ferry International. He has placed some of the most prominent chief executives and corporate directors in the United States, including those at 3M, American Express, Goldman Sachs, GSK, Humana, MCI, and Tyco International. This is his fourth book on CEO succession and corporate governance.
Michael Useem is a professor of management and the director of the Center for Leadership and Change Management at the University of Pennsylvania’s Wharton School. He offers courses on leadership and has authored books on leadership and corporate governance, including The Leadership Moment and Investor Capitalism.
Product details
- Publisher : Harvard Business Review Press
- Publication date : December 10, 2013
- Language : English
- Print length : 304 pages
- ISBN-10 : 1422144054
- ISBN-13 : 978-1422144053
- Item Weight : 1.16 pounds
- Dimensions : 6.4 x 1.1 x 9.3 inches
- Best Sellers Rank: #90,670 in Books (See Top 100 in Books)
- #10 in Corporate Governance
- #117 in Systems & Planning
- #623 in Leadership & Motivation
About the authors

Ram Charan is a renowned CEO advisor, director of seven boards, and author or coauthor of 32 books (with four million copies sold), including Execution—a New York Times bestseller for 150 weeks—and six authoritative books on corporate boards on governance. Charan earned MBA (Baker’s Scholar, with high distinction) and doctorate degrees in corporate governance from Harvard Business School. A highly renowned and award-winning teacher at GE’s Crotonville Leadership Institute and at Northwestern University, his work spans China, Brazil, Japan, Australia, India, and the US. He has worked with boards and CEOs of companies including Humana, Bank of America, and two of the four largest digital companies in China.

Dennis Carey is Vice Chairman of Korn/Ferry International. He has recruited some of the most successful CEOs in American business, including companies such as TYCO International, 3M and American Standard.
As a board recruiter, Mr. Carey has built new boards from scratch ranging from Covidien Health Care and TYCO International, to EMBARQ, TYCO Electronics, DELPHI and Visteon. He has also built boards for IPOs including Goldman Sachs and Ameritrade. During the past 20 years, Mr. Carey has recruited hundreds of some of the most preeminent directors for Fortune 500 companies across the United States.
He has authored three books, published dozens of articles, and is a frequent contributor and writer for the Harvard Business Review, The Wall Street Journal, Financial Times, and McKinsey Quarterly on CEO succession, corporate governance, and mergers and acquisitions.
Mr. Carey’s board affiliations include Composite Technologies Corporation, a cable company; NextGenTV, a media company; Airclic; a software solutions company; and ScanLife, a digital bar code scanning company. He formerly served as a director of Closure Medical, a medical device company which was sold to Johnson & Johnson.
Mr. Carey is the founder of G100, the Lead Director Academy and the CEO Academy, and the co-founder of the Directors Institute at The Wharton School, the Prium, the CHRO Board Academy, and the CFO Board Academy. He also serves as on the advisory board of BoardRoomIQ.com.























