Better Boardrooms: Repairing Corporate Governance for the 21st Century
This is the third of three books authored by award-winning author Patricia Meredith. Her first book, Catalytic Governance: Leading Change in the Information Age (co-authored by Steve Rosell and Ged Davis) set out a process for leading transformative change, based on the authors’ experience with the Canadian Task Force for the Payments System Review. Her second book, Stumbling Giants: Transforming Canada’s Banks for the Information Age (winner of the 2018 Donner Prize and co-authored with James Darroch) highlighted how ill-prepared the Canadian banks are for the technology tsunami overtaking financial services. To regain their reputation as vibrant enablers of economic growth, Better Boardrooms proposes that a broad cross-section of Canadians – policy makers and regulators, customers, suppliers, investors, and, not least, bankers themselves – work together to create a banking system better suited to the twenty-first century. This new model of governance is based on a collaborative approach which ensures all relevant voices are heard. As boundaries between industries blur and stakeholders gain greater access to information, it is vital that policymakers and regulators, customers and suppliers, investors and managers work together to fix broken boardrooms.
- Imprint: Rotman-UTP Publishing
- World Rights
- Page Count: 224 pages
- Dimensions: 6.3in x 0.8in x 9.3in
"We don’t appreciate good corporate governance enough – until we don’t have it. Drawing on examples from her extensive knowledge of corporate strategy and practice, Patricia Meredith provides an insightful account of what an ideal might look like. This is especially important during a time of transition in corporate cultures, grappling as they are with the wrenching changes brought on by digital technologies and the growth of the intangible economy, and by the imperative to consider not just the short-term interests of shareholders but the sometimes competing and sometimes complementary interests of stakeholders. A smart Board would guide management to see and deal with what’s around the corner. Patricia Meredith does just this for the reader."
Rohinton P. Medhora, President and CEO, Centre for International Governance Innovation
"As we consider the shape of business in a post-pandemic world, Better Boardrooms is crucial reading for both current and future directors to take their role of strategic governance and leadership to a new level."
Barbara G. Stymiest, Corporate Director and Former Member of the Group Executive, Royal Bank of Canada
"This well written, highly readable book on strategic risk management and governance in this rapidly evolving digital age should occupy a prominent place on the bookshelf of every corporate director. Meredith makes a compelling case to replace the current ‘shackles of hierarchy’ with more networked forms of management and governance in order to deal with both the threats and the opportunities inherent in disruptive change."
David Dodge, Senior Advisor, Bennett Jones LLP
Author InformationPatricia Meredith is a Fellow at the David & Sharon Johnston Centre for Governance Innovation at the Rotman School of Management, University of Toronto, and a Senior Fellow at the Centre for International Governance Innovation, University of Waterloo. Her previous book Stumbling Giants, co-authored with James L. Darroch, was the Winner of the 2018 Donner Prize for the Best Public Policy Book by Canadian authors.
Table of contents
1. CIBC: A Fork in the Road
2. A Broken System
3. When Seeing Is Not Believing
4. Confronting Reality
5. What Boards Should Do, But Likely Won’t
6. Barbarians Waiting at the Gates
7. Transformation: Easier Said than Done
8. The Information Age Changes Everything
9. A New Governance Model
Subjects and Courses