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This book is one of the most outstanding works and a commendably successful attempt in exploring and providing deep insights into the functioning of corporate boards in the Indian context. It carries the clear imprint of the great thought leader and management guru, Dr Pritam Singh, in saying what needs to be said and in suggesting what is needed to make India reach the top. The book rightly recognizes that most of the Indian companies suboptimize their potential due to their short-sighted approach for quick gains, rather than taking a long-term view for attaining sustainable growth.
This book truly has a profound meaning for shaping an Atmanirbhar Bharat when the Indian economy will grow towards becoming the third largest economy of the world, with good governance in the management as well as the boards of all the companies. With his deep experience, Dr Pritam Singh has brought many key learnings and insights for all managers and directors to inculcate these best practices in their day-to-day working. I’m sure that the book will significantly lift governance quality in India and have a positive impact on business success in the future.
Boards have a key role to play in steering organizations towards a sustainable future by adopting sound ethical governance and financial management policies. Their role assumes more significance at this watershed moment of global disruption and potential change in the world order. The book by Dr Pritam Singh, Asha Bhandarker and Dr Subir Verma has been timely and is about organizational competitiveness and the key roles that boards can play to make Indian organizations more sustainable and competitive.
I read the book Role of Boards: Building Sustainable Competitive Edge with great interest. In the current context, it is very relevant and highlights the role of the board in the development and future of a corporate entity. The authors did an excellent job in bringing out the role of the board. I personally feel that this book should not only be an integral part of an MBA programme but also should be read by all board members and all those who aspire to join the board. It is full of practical examples and personal experiences.
Corporate governance and the role of boards are often the object of heated debates most of the time as a result of wrongdoings or strategic mistakes that the boards were unable to manage. This book authored by Dr Pritam Singh and team not only frames the key issues but, most importantly, offers practical and tangible ways to make the role of boards much more effective in steering the strategy of an organization to build a sustainable competitive edge. Even though most of the research is based on evidence from India, I believe that the recommendations are truly boundaryless.
The book, Role of Boards: Building Sustainable Competitive Edge is an outstanding work of immense importance to understanding the effectiveness of corporate governance and institutional sustainability. The issues of ethics, sustainability and governance, which are at the heart of the functioning of corporate boards, have been examined in this outstanding book in the most comprehensive and compelling manner.
This unique book has amply demonstrated that effective governance is the lifeline of any organization to outcompete and increase their longevity. Dr Singh’s vast and diverse experience in the arena of leadership and boardroom governance is unrivalled. He along with the co-authors provides valuable insights and analyses of boardroom functioning from the lens of organization performance. This book is a must-read for all the stakeholders involved in the governance of the organizations.
This is a unique book on corporate governance, coming up at an appropriate time in the history of corporate India. Every corporate leader, board member and scholar must read this book not only to meet the compliance requirements, but also to gain sustainable advantage in this disruptive digital world by shifting central principle of corporate governance from shareholders alone towards People-Planet-Profit.
Role of Boards: Building Sustainable Competitive Edge by Pritam Singh, Asha Bhandarker and Subir Verma describes the blueprint of a corporation and its board. It explains where the load-bearing pillars are and the layout of the essential pipes and wires that all board members must know to manage a corporation effectively.
This book is an instant classic that will be read and consulted by all CEOs, corporate board members and regulators, and those who seek to become one, for years to come. The book has brought out, with remarkable ease and candour, compelling anecdotes and insider’s insights, empirical research and conceptual analysis, the issues and challenges of boardroom functioning and performance. Good governance is going to become a competitive advantage of business in future. The book provides the foundation and road map for good governance necessary for sustained corporate success.
The uniqueness of this outstanding book is that it looks at board effectiveness and value addition through the lens of individual behaviour and group dynamics, rather than through the usual legal or financial approach. It is an excellent blend of state-of-theart theory and practice which demystifies board governance through evidence-based research and practical recommendations. The book also highlights the critical role of purpose, values and mindsets in determining the focus and strategic decision-making processes of the board.
This is a terrific book which will undoubtedly add to the authors’ reputation as talented analysts of the role of boards in steering corporations along sustainable paths. The book is cunningly well written, sassy even, besides being very perceptive and timely. It should prove most enlightening, particularly in regions of the world where we cannot afford to waste more time or people.