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Index
Cover ALSO BY WILLIAM G. BOWEN Title Page Dedication Contents Foreword Preface
Approach Taken Commentators Organization Acknowledgments
1. Roles of Boards—and the Constraints They Face
Why Are Boards Needed? What Do Boards Do? Return on Mission Changing Contexts and Constraints
Scandals and Their Consequences Regulatory and Media Constraints Market Constraints and “Owners”
2. Board Leadership
A Separate Chairman? The Conceptual Arguments for and against Splitting the Roles Practical Considerations: The Need to Take a Situational Perspective The Lead Director Model Summing Up: Prospects for Organizational Change in the For-Profit Sector Postscript: Characteristic Differences in Board Structure between Nonprofits and For-Profits
3. Compensating the CEO
A Hot-Button Issue in the For-Profit Sector Actions to Consider Analogous Issues in the Nonprofit Sector Appendix to Chapter 3BOARD EVALUATION OF CEOS IN A NONPROFIT SETTING
4. Evaluating and Replacing the CEO
The Obligation to Decide When New Leadership Is Needed The Role of a Careful Evaluation Process The Proper Length of the Leash: Different in the Two Sectors? Establishing a Set Retirement Date
5. CEO Transitions
Improving the Succession-Planning Process Recruiting a New Leader: Job Specifications The Search Process Personal/Professional Qualifications of Candidates Graceful Transitions: What Should Be the Ongoing Role of the Former CEO/President?
6. Building the Board
The Size of the Board Recruiting Board Members: The Context and Process Recruiting the Right Individuals Diversity Independence of Board Members
7. Board Machinery
Committees Board Deliberations and Dynamics
Executive Sessions Managing Conflicts of Interest Confidentiality and the Handling of Leaks
When Resigning Is (and Is Not) the Right Thing to Do Dysfunctional Board Members, Term Limits, and Mandatory Retirement Compensation of Directors and Trustees Board Evaluation
8. Themes
The CEO–Board Partnership Courage and the Will to Act Investing in Governance Are For-Profit and Nonprofit Board Practices Converging? Rewards for Service on Boards
Notes Praise Copyright
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