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Boards That Lead

When to Take Charge, When to Partner, and When to Stay Out of the Way. An Interview with Dennis Carey, Vice-Chairman Korn/Ferry

 
Dennis Carey, Vice-Chairman, Korn/Ferry Interational -TotalPicture Radio interviewDennis Carey

Welcome to 2014 and our first Leadership Channel interview of the new year! This is Peter Clayton reporting. Joining me today is our good friend and contributor to TotalPicture Radio, CEO advisor and keynote speaker, David Dalka. Joining David and myself is Dennis Carey, Vice Chairman of Korn/Ferry International.

Our focus today is on an important new book titled Boards That Lead, When to Take Charge, When to Partner, and When to Stay Out of the Way, published by Harvard Business Review Press.

Dennis Carey has placed some of the most prominent chief executives and corporate directors in the United States, including those at 3M, American Express, Goldman Sachs, GSK, Humana, MCI, and Tyco International.

In his fourth book on CEO succession and corporate governance, co-authored by Ram Charan and Michael Useem, Boards That Lead explores the central question: "Is your firm's board creating value-or destroying it?"

According to the authors, "Leadership at the top is being redefined as boards take a more active role in decisions that once belonged solely to the CEO. But for all the advantages of increased board engagement, it can create debilitating questions of authority and dangerous meddling in day-to-day operations. Directors need a new road map-for when to lead, when to partner, and when to stay out of the way."

Based on personal interviews and the authors' broad and deep experience working with executives and directors from dozens of the world's largest firms, including Apple, Boeing, Ford, Infosys, and Lenovo, Boards That Lead tells the inside story behind the successes and pitfalls of this new leadership model.

Dennis Carey Biography:

DENNIS CAREY is Vice Chairman of Korn/Ferry International. He specializes in the recruitment of chief executives and corporate directors. He has conducted searches for the CEOs of 3M, Tyco International, MCI, American Standard, and many other companies; assisted numerous boards in CEO succession projects; and completed searches for directors of Allied Signal, American Express, Amgen, CBS, Glaxo-SmithKline, Goldman Sachs, Merrill Lynch, NCR, Sprint, and Tyco International, among others. He has served as Delaware Secretary of Labor, as Vice President of the University of Delaware, and on boards of publicly traded firms, and is the coauthor or coeditor of CEO Succession, The Human Side of M&A, How to Run a Company. His most recent book, Boards That Lead, published by Harvard Business Press, 2014, is co-authored with Ram Charan and Michael Useem. He founded or co-founded the Chairman Academy, CEO Academy, Lead Director Academy, CFO Board Academy, CHRO Board Academy, Prium, and G100.

Peter Clayton

About Peter Clayton

Peter Clayton, Producer/Host, is an award-winning producer/director of radio, television, documentary, video, interactive and Web-based media who has created breakthrough media for a wide array of Fortune 100 clients.

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