How Boards Work: And How They Can Work Better in a Chaotic World
'Highly instructive . . . provides thoughtful analysis' Financial Times
'Exactly what any prospective-or sitting-board member needs' Arianna Huffington
'A must read . . . highly engaging . . . an indispensable guide to how boards function, malfunction, and, most importantly, should operate better' Mohamed A. El-Erian
Corporate boards are under great pressure. Scandals and malpractice at companies like GE, Theranos and WeWork have raised justified questions among regulators, shareholders, and the public about the quality of corporate governance. Boards face ever-louder demands to weigh in on questions of climate change, racial and gender equity, data privacy, and other social issues that range far beyond their traditional mandate: choosing the CEO and endorsing corporate strategy.
In HOW BOARDS WORK, prizewinning economist, veteran board director, and bestselling author Dambisa Moyo offers an insider's view of corporate boards as they are buffeted by the turbulence of our times. Drawing on her decade of experience serving on corporate boards, Moyo lays out what it is that boards actually do, and she outlines how they must adapt to survive the challenges of coming years. Corporations need boards that are more transparent, more knowledgeable, more diverse, and more deeply involved in setting the strategic course of the companies they lead.
HOW BOARDS WORK is an urgent road map for how boards can steer companies through tomorrow's challenges and ensure they thrive to benefit their employees, shareholders, and society at large.