Description
At last, there’s a business leadership book that really tackles the tough issues of integrity and governance. Taking a unique approach to leadership, this book gathers the path-breaking perspectives of influential shareholder activists; opinion-leading CEOs of major firms; trailblazing, distinguished academics; and courageous regulators. The all-star roster of contributors from the corporate world and academia includes Vanguard's John Bogle, former SEC Chairman Arthur Levitt, and Harvard Business School's Rosabeth Moss Kanter. Sherron Watkins, Enron whistleblower and Time Person of the Year, shares an inside look at Enron, and Barbara Ley Toffler, former head of Arthur Andersen's Ethics Practice, paints a picture of Anderson Consulting before their fall.
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The editors and contributors examine the conditions that lead to corporate scandals and the ways corporations seek solutions, and describe the role of the leader, including the nastier elements assigned to the modern CEO character; competition and its relationship to cardinal virtues and values; and issues of organizational integrity and motivation. They then ask the question so many of us have in the past few years: what were the boards of these corporations thinking? They find that ways of corporate governance have not kept pace with some aspects of the prevailing business culture, and suggest ways to restore owners' capitalism. The last ten essays detail changes the writers recommend to get real about business responsibility, executive pay, accounting practices, criminal liability, leadership development, the culture of seduction, and taking lessons from other systems of governance. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)
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