Owning Up describes best practices that are emerging in leading boardrooms today. This book also provides practical recommendations on a range of issues, from compensation to dealing with external constituencies. Wisely attuned to the human side, Owning Up confronts the need for some boards to refresh their composition and for others to rebalance their board dynamics. Directors, CEOs, general counsels, and operating executives will find here the guidance they need to meet the new and rising standards for corporate governance in this demanding business environment.
"This book is the most important contribution for both new and experienced directors, addressing contemporary corporate governance. The 14 practical questions represent the most vital issues that boards need to proactively address and are particularly crucial now as boards deal with the aftermath of the global financial tsunami."
― Thomas J. Neff, chairman, U.S., Spencer Stuart
"If Corporate America's board members had answered these questions, the crisis of '08 would have been avoided. The book is that powerful. It should be required reading in every boardroom, executive suite, and business school on the planet. This book with its singular wisdom could change the face of corporate governance―with huge dividends to shareholders and society."
― Ralph Whitworth, principal, Relational Investors LLC
"Ram Charan always seems to get it right. Owning Up not only asks the right questions, it gives answers that can make a real difference for improving board performance."
― James M. Kilts, former chairman and CEO, The Gillette Company
"As always, well-reasoned, insightful, and thought-provoking. A work that every director will find of value, particularly given the intense pressure of these unprecedented economic times."
― Professor Charles M. Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware
"Here is the book that every corporate director needs today. With his decades of insider experience, Ram Charan brings more wisdom and insight to this subject than anyone else I know."
― Geoff Colvin, Fortune editor and author, Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else