Overview
Of the world's two hundred largest economies, more than half are corporations. They have more influence on our lives than any other institution, but while boards of directors are supposed to police CEOs and provide independent leadership, they have become enabling lapdogs rather than trustworthy watchdogs. As America contends with the worst economic crisis since the Great Depression, all eyes are turning to the corporate leaders who have perpetrated such egregious failures, padding their own pockets with grossly inflated pay packages even as their businesses fall to ruin, asking, How could things have gone so terribly wrong? How could the stewards of American business--who are supposed to be the gold standard of the global economy--turn out to be so incompetent? Taking readers right into the boardrooms and behind the scenes of the lavish C-Suites, John Gillespie and David Zweig have interviewed a host of upper-echelon managers and board members at leading companies, from Exxon and Citigroup and Home Depot to Countrywide, to shine a glaring light on the clubby culture of the business elite. The book reveals just how the machinations of good governance have broken down, replaced by a compromised system plagued by greed and see-no-evil culpability, and also reports on a handful of pioneering companies who are bold leaders in corporate reform, offering powerful proof that the system most certainly can be fixed.
Full Product Details
Author: John Gillespie ,
David Zweig ,
Mel Foster
Publisher: Tantor Audio
Imprint: Tantor Audio
ISBN: 9798200112722
Publication Date: 01 February 2010
Audience:
General/trade
,
General
Format: Audio
Publisher's Status: Active
Availability: Available To Order
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Reviews
"Both thoughtful and lively, this is a fascinating discussion of a little-seen force in corporate America.-- ""Publishers Weekly"" ""Both thoughtful and lively, this is a fascinating discussion of a little-seen force in corporate America."" -- ""Publishers Weekly"" ""The authors offer a valuable new perspective by focusing on the tragicomic miscues of the people who were ostensibly meant to 'govern' out-of-control managements."" -- ""New York Times"""
Author Information
John Gillespie worked as an investment banker with Lehman Brothers, Morgan Stanley, and Bear Stearns for eighteen years. He also served as executive vice president and CFO for the Mentor Network, a nationwide health-care company with 24,000 employees. David Zweig cofounded Salon.com. He has worked at Time Inc., Dow Jones, and the World Business Academy, an international research and education institute dedicated to promoting responsibility in business and pioneering best practices to solve problems in business ethics. He currently consults on improving the performance of executive groups. Mel Foster has narrated over 150 audiobooks and has won several awards. Twice an Audie finalist for 1864: Lincoln at the Gates of History by Charles Bracelen Flood and Finding God in Unexpected Places by Philip Yancey, he won for the latter title. He has also won two AudioFile Earphones Awards. Best known for mysteries, Mel has also narrated classic authors such as Thoreau, Nabokov, and Whitman.
