Guidelines for a new dimension of leadership
5/14/2001
With plenty of user-friendly checklists, short case studies, and helpful summaries, this book by a longtime consultant delves into a side of corporate governance not often examined. According to the author, financial wizardry and technical knowledge on the part of corporate leaders do not do the job anymore. Her guidelines on more effective personal and interpersonal governance spring from the experiences of more than 200 board members, as well as informal discussions with top execs. One tip: Enjoy leadership. "If someone is not enjoying the process of governing most of the time, it is time to change the process, replace the people, or resign," she writes. When financial, technical, and commercial expertise is mixed with effective interpersonal skills, notes MacGregor, the results can be "extremely powerful."