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Directors' Dilemmas
Book

Directors' Dilemmas

Tales from the Front Line

Kogan Page, 2000 plus...

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Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

You rarely find a good advice book for directors, since publishers presumably believe that its audience would be small and that, in any case, those sitting on corporate boards ought to know what they are doing. But as the infamous debacles at Enron, Tyco, HealthSouth and other companies show, this isn’t always the case. getAbstract.com heartily recommends this book to all corporate board members, even those with long experience. Patrick Dunne provides a useful decision-making framework for resolving common problems. It is enhanced by behind-the-scenes case studies that depict a variety of difficult company decisions and how board members arrived at them - helpful for those facing similar crises. After reading this book, you will have only one dilemma left: deciding which of Dunne’s solutions to try first.

Take-Aways

  • The board of directors is responsible for creating strategy, husbanding resources and keeping the company’s officers from going to jail for malfeasance.
  • Beware of "silent seethers" who disagree with board decisions but say nothing.
  • Know your own style of resolving conflict.

About the Author

Patrick Dunne is group communications director for the European venture capital firm 3i. He also wrote Running Board Meetings and the Non-Executive Directors’ Handbook. He is a visiting professor at Cranfield School of Management.


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