DescriptionAt 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.
Part I: Fueling the Crisis: Corporate Scandal and Wrongdoing.
Chapter 1: “I See Nothing, I Hear Nothing”: Culture, Corruption, and Apathy (Robert Gandossy and Jeffrey Sonnenfeld).
Chapter 2: Twenty-First-Century Corporate Governance: The Growing Pressure on the Board Toward a Corporate Solution (Sherron S. Watkins).
Part II: The Role of the Leader.
Chapter 3: How Leaders Restore Confidence (Rosabeth Moss Kanter).
Chapter 4: Greed, Vanity, and the Grandiosity of the CEO Character (Manfred F. R. Kets de Vries and Katharina Balazs).
Chapter 5: The Essence of Leading and Governing Is Deciding (Michael Useem).
Chapter 6: Vigorous Competition, Cardinal Virtues, and Value Creation (Robert W. Lane).
Chapter 7: Challenge Up: A Key to Organizational Integrity (Marshall Goldsmith).
Chapter 8: Enron et al.: The March of Folly (Warren Bennis).
Part III: The Role of the Board.
Chapter 9: Seeing Around Corners (Norman R. Augustine).
Chapter 10: Whither Governance: Process or People? (William W. George).
Chapter 11: Enron and Effective Corporate Governance (Charles M. Elson).
Chapter 12:: “Somebody’s Gotta Keep An Eye On These Geniuses”: What We Must Do to Restore Owners’ Capitalism (John Clifton Bogle).
Part IV: Toward Reform.
Chapter 13: Shedding the Images and Getting Real About Business Responsibility (Barbara Ley Toffler).
Chapter 14: Getting What You Pay For: Institutional Investors Take on Executive Pay (Nell Minow).
Chapter 15: Accounting 101 (Rick Antle).
Chapter 16: Principles and Best Practices of Executive Compensation That Stand the Test of Time (Roberta D. Fox and Michael J. Powers).
Chapter 17: Evolution of Corporate Criminal Liability: Implications for Managers (Jennifer Arlen).
Chapter 18: Corporate Governance in Europe (Leonardo Sforza and Alan Judes).
Chapter 19: Developing Leaders of Character: Lessons from West Point (Rakesh Khurana and Scott A. Snook).
Chapter 20: Speech by SEC Chairman: Remarks at the 2003 Washington Economic Policy Conference (William H. Donaldson).
Chapter 21: Corporate Governance and the Culture of Seduction (Arthur Levitt).
Chapter 22: If I Only Knew Then What I Know Now (Susan C. Keating).
About the Contributors.