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January 3, 2011 GetAbsract "Board members and CEOs can learn a lot from Klepper's insightul, instructive and fascinating case histories"

Friday, May 21, 2010

I am pleased to announce the publication of my new book The CEO’S Boss: Tough Love in the Boardroom.

You can read an excerpt and find out more information about the book at:
http://www.cup.columbia.edu/book/978-0-231-14988-4/the-ceos-boss/excerpt
Readers of this blog receive a 20% discount off the list price for the book if they buy it from the website above using the promo code KLEP20.

"This sharply focused book fills a very important gap in boardrooms and the literature on corporate governance. William M. Klepper is a highly skilled researcher."
—Ram Charan, business consultant and best-selling author

In order to avoid another Enron, WorldCom, or Tyco, company directors have assumed a bold and independent role in the boardroom, monitoring the actions and day-to-day operations of the CEO. This dramatic shift has created a new dynamic, one that requires careful negotiation from both parties to get the job done. Giving directors, executives, investors, and stakeholders the tools to make this relationship work, William M. Klepper describes the best techniques for building a productive partnership and establishing a plan of action for a variety of businesses and settings.

Klepper, an executive educator, has worked with AT&T, Bausch & Lomb, Johnson & Johnson, Sony, Sun Microsystems, and a host of other corporations. He knows what makes a healthy partnership between a board and its CEO and the consequences of a bad fit. In this book, he details the eight practices of successful executives, such as facilitating innovation, motivating change, and developing leadership skills, and he explains what directors need to evaluate, such as working style, social behavior, and the handling of stress, before they commit to hiring a CEO.

The most critical element is the social contract, in which directors and their CEOs agree to be transparent, continually reassess their company's risk, maintain core company values, and make a commitment to their stakeholders. These include employees, shareholders, customers, and the community. In this essential volume, Klepper encourages directors to embrace their independence, and he teaches executives to value tough love.

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