Boards of Directors in Disruptive Times : Improving Corporate Governance Effectiveness

Boards of directors have a central role in helping their organizations adapt and transform in times of accelerated, disruptive change. This book shows directors how to develop new competencies and strategies and adopt a holistic view of the board's functions, in order to steer their companies through upheaval and crisis, with purpose.

The current business context of disruptive, accelerated change requires a new framework for understanding how boards of directors can best support their organizations. In this book, Professor Jordi Canals presents a new model of effective governance, positioning the board of directors as the steward of the firm''s future development, and focusing on the notion of corporate purpose. Canals argues that boards of directors should focus on strategy and corporate transformation, CEO and senior management development and succession, the board and the firm''s culture, the board as a team, the engagement of shareholders and critical stakeholders, and the firm''s overall impact. Moreover, for boards to be effective, directors must develop new competencies. Drawing on well-grounded theory and international case studies, this book outlines a new, holistic model of boards of directors, offering a pathway to effective governance that will enhance companies'' reputation and success.