Boards That Dare offers actionable solutions to help board directors, chairs and CEOs move away from outmoded thinking and practices.THE CHALLENGECorporate boards as fiduciaries are responsible for delivering maximum value and the highest standards of care. The persistent misconception that boards should be driven primarily by shareholder value will soon be an outdated one, and boards that continue to apply narrow interpretations of value and care are unlikely to survive. THE OPPORTUNITYThis book reveals a future-proofing opportunity for courageous boards to redefine value and care for employees, consumers, communities, society, the environment, and shareholders. There is no point in trying to reframe value and care for a wider range of audiences if boards don't have the right capabilities and attitudes themselves. THE SOLUTIONBoards that Dare invites boards to challenge shortcomings in their own ability, understanding and courage. The book shows how boards embracing this new kind of broadened fiduciary dynamism will become future-proof and realize sustained shareholder value as an output.THE RESEARCHBased on the authors' first-hand experiences, as well as their own research and interviews with board members and chairs of international private, public and not-for-profit organizations, this highly practical and cutting-edge book delivers the necessary solutions on how to future-proof today's boards.
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Bloomsbury Business
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Marc Stigter is an international strategist who works with organisations on unlocking critical commercial insights. He has gained his own experience as a global practitioner at executive level, a research academic at doctoral level, and a strategy advisor at organizational level. Marc is an Honorary Senior Fellow at the University of Melbourne's Graduate School of Business and Economics, and Associate Director at Melbourne Business School. He has held executive positions with blue-chip companies around the world, including Shell and Lloyds/TSB.