Part One
Boards in Transition
Around the world, boards have accepted a new mandate and are adopting a new mindset toward their work. But living up to new expectations is posing a challenge for many boards. Understanding the true nature of the transformation corporate governance is undergoing can help directors recognize where they are getting stuck, why, and how to move forward.
Chapter One describes three phases boards go through—from Ceremonial to Liberated to Progressive—as they try to increase their contribution to the corporation. Many boards today are stuck in the middle phase and therefore do not add as much value as they could.
Chapter Two explains what makes a board Progressive, the third phase of board evolution. Three building blocks ...
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