This book has been carefully crafted to lay a foundation of key governance concepts that are essential and applicable for every CEO and board member. The book will help them work effectively and avoid the problems that have plagued companies like Enron and WorldCom, using a fictional story followed by thorough analysis of the seven keys to great governance. The principal characters in the book represent three main categories of organizations – for-profit companies, nonprofit organizations, and faith-based religious organizations. The book is an entertaining page-turner that informs, educates and motivates while conveying principles that will enable effective governance.
The book reveals the Governance Effectiveness Model, describing seven easily understood keys that will help every CEO and board member unlock the door to effective boardroom leadership. The seven keys:
DIRECT the organization in the best interests of its owners
PROTECT the interests of the organization’s owners
RESPECT the owners by listening, communicating, and understanding their interests
REFLECT on the organization’s performance
SELECT talented people to lead the organization as Officers and Directors
EXPECT top performance from each director
INSPECT the CEO’s performance