Overview

Bob Garratt's Thin On Top: Why Corporate Governance Matters and How to Measure and Improve Board Performance takes readers behind the boardroom door and delivers a wake-up call to directors, executives, government regulators, lobbyists, owners and investors about what it will take to break the cycle of corporate misdeeds, professionalize business leadership, reduce corruption and ensure a civil society. Thin on Top advocates a back-to-basics approach founded on the centuries-old value of good governance, which consists of accountability, honesty and transparency. Bob Garratt demystifies the role of the CEO, debunks the three most widely held organizational myths about the limits of openness and personal power and details a system of metrics to measure and manage a new set of competencies for boards, directors and entire companies. Thin on Top offers tactics that can prevent most of the directorial disasters we read about in the news on a daily basis. Whatever size company you are leading, Garratt's unflinching analysis makes for essential reading. This book is a challenge thrown down to the business community: do you really understand and can you justify the way your business is being run? Don't read this book for comforting words or an easy life. But if you are serious about leading your business on to a healthy and robust future, get hold of a copy right away. Stefan Stern, Business Voice, May 2003 Bob Garratt is the ideal person to write about corporate governance, boards and directors and this is the right time for this book. That he has warned us of most of the problems that now appear everywhere daily is part of the appeal; the rest is that he has a gift for words and, frankly, fears no man in his insistence on honest analysis. We are all fortunate in the timing of this book's publication. Robert A G Monks, author of Power and Responsbility CONTENTS PART ONE: Behind the Boardroom Door The Delaware Delusion: Three Myths of Corporate Governance The Increasing Importance of Corporate Governance Back to Basics: Reasserting the Supremacy of the Board The Ten Directorial Duties: Back to Legal Basics PART TWO: TOWARD BOARD PERFORMANCE Why Boards Fail: Power and Corruption on the Board Directorial Dashboards: The New Board Metrics Developing the Learning Board Professionalizing the Board: Appraisal, Training, and Accreditation Epilogue: The Board of the Future

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