The CEO's Boss: Tough Love in the Boardroom

William M. Klepper

eISBN: 9780231520638

2010 (192 pages )

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Download Complete Book Download
(pages 1-152)
Complete Book Download (pages 1-152)

Download Table of Contents
(pages 5-8)
Table of Contents (pages 5-8)

Download Acknowledgments
(pages 9-12)
Acknowledgments (pages 9-12)

Download 1. The Social Contract
(pages 13-25)
1. The Social Contract (pages 13-25)

Download 2. Tough Love in the Boardroom
(pages 26-41)
2. Tough Love in the Boardroom (pages 26-41)

Download 3. Why the Right Partnership Matters
(pages 42-56)
3. Why the Right Partnership Matters (pages 42-56)

Download 4. Leadership Metrics
(pages 57-69)
4. Leadership Metrics (pages 57-69)

Download 5. How the Partnership Can Go Wrong: TTWO
(pages 70-80)
5. How the Partnership Can Go Wrong: TTWO (pages 70-80)

Download 6. What Directors Need to Know Before Committing to a CEO
(pages 81-99)
6. What Directors Need to Know Before Committing to a CEO (pages 81-99)

Download 7. The Board’s Commitment to the CEO
(pages 100-113)
7. The Board’s Commitment to the CEO (pages 100-113)

Download 8. Effective Board Dynamics: How Directors Interact as a Team
(pages 114-134)
8. Effective Board Dynamics: How Directors Interact as a Team (pages 114-134)

Download Epilogue: 2020 Foresight
(pages 135-140)
Epilogue: 2020 Foresight (pages 135-140)

Download Notes
(pages 141-146)
Notes (pages 141-146)

Download Index
(pages 147-152)
Index (pages 147-152)

The CEO's Boss: Tough Love in the Boardroom

In order to avoid another Enron, WorldCom, or Tyco, company directors have assumed a bold and independent role in the boardroom, monitoring the actions and day-to-day operations of the CEO. This dramatic shift has created a new dynamic, one that requires careful negotiation from both parties to get the job done. Giving directors, executives, investors, and stakeholders the tools to make this relationship work, William M. Klepper describes the best techniques for building a productive partnership and establishing a plan of action for a variety of businesses and settings.

Klepper, an executive educator, has worked with AT&T, Bausch & Lomb, Johnson & Johnson, Sony, Sun Microsystems, and a host of other corporations. He knows what makes a healthy partnership between a board and its CEO and the consequences of a bad fit. In this book, he details the eight practices of successful executives, such as facilitating innovation, motivating change, and developing leadership skills, and he explains what directors need to evaluate, such as working style, social behavior, and the handling of stress, before they commit to hiring a CEO.

The most critical element is the social contract, in which directors and their CEOs agree to be transparent, continually reassess their company's risk, maintain core company values, and make a commitment to their stakeholders. These include employees, shareholders, customers, and the community. In this essential volume, Klepper encourages directors to embrace their independence, and he teaches executives to value tough love.

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