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Into the Boardroom: How to Get Your First Seat on a Corporate Board Hardcover – April 1, 2002
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"...Allegedly a simple primer for neophytes, there's [lots of]distilled wisdom for experienced board members and CEOs as well." -- Paul Volcker, Former Chairman, Federal Reserve Board
"...crystallizes the role and responsibilities of a corporate board member...A must-have for any prospective director's library." -- Julie Hembrock Daum, U.S. Board Services, Spencer Stuart
"Common sense, practical advice for the next generation of corporate directors." -- Jane Evans, Board Member, Georgia-Pacific Corporation
"For those looking for excellent career advice [this] is the book." -- William H. Gray, President, United Negro College Fund
From the Publisher
Why bother to read THIS book? Because what happens in the boardroom makes a difference.
Healthy, prosperous, innovative corporations are the backbone of a vibrant American economy. Successful corporations are the result of a unique, three-way relationship between the shareholders (who provide the capital), the management (who provide the vision and the human resources), and the customers (who purchase the goods or services produced). Board members balance these interests. When this engine is running smoothly the results are limited only by our imagination-we can create jobs, invent gadgets, feed the world, cure disease, make movies, or send a man to the moon. When this engine runs amok, as the recent disaster at Enron has made only too clear, the results can be devastating to entire communities as jobs are lost, retirement savings evaporate, and investor confidence is shaken to the core.
Into the Boardroom was written to introduce senior executives in corporations, entrepreneurs in small and mid-size companies, members of the professions, and those who serve our communities or teach at our universities, to the concepts of corporate governance and the process by which new directors are selected. This book can encourage a new generation of leaders to serve and prepare them to participate fully as they take their first seat on a corporate board.
Corporate America needs to take a long, hard look at the significance of effective corporate governance and the individuals in whom they have placed this important trust. The financial press appears ready to keep up the pressure, and the headlines, until they do. The result will be an ongoing need for talented, experienced individuals with the integrity and willingness to accept a seat at the table. Currently, more than 60,000 positions exist for the directors of companies traded on the NYSE, NASDAQ and AMEX exchanges. At least another 20,000 seats exist around the tables of America's largest privately held companies. Who occupies these seats? What do they do? How were they selected? Could one of them be you? Let's find out!