Why Corporate Governance Matters and How to Measure and Improve Board Performance.
Taking readers behind the boardroom door, 'Thin On Top' issues a wake-up call to directors and executives, government regulators and lobbyists, owners and investors, about what it will take to break the cycle of corporate misdeeds, professionalise directing, reduce corruption and ensure a civil society.
Garratt advocates a back-to-basics approach based on the centuries-old value of good governance - accountability, honesty and transparency to owners -whether public or private - as he demystifies the role of the CEO, debunks the three most widely-held organisational myths about the limits of openness and personal power and details a system of metrics to measure and manage a new set of competencies for the board, its directors, and the company as a whole.