Talent, Strategy, Risk How Investors and Boards Are Redefining TSR

Bill McNabb, Ram Charan, and Dennis Carey have been on the front lines of these changes with the investment community, corporate boards, and top-level management teams. Since TSR (total shareholder return) cannot keep the short and long term in balance, the authors argue, boards should focus on a different kind of TSR-talent, strategy, and risk-because decisions and actions around these factors, more than any others, determine whether or not a company creates long-term value. This book redefines the board's agenda and explains how to:

• Build and incentivize the right leadership team
  
• Help leaders take a longer view and communicate it to investors
  
• Refresh board composition and create diversity to meet the new challenges
  
• Keep major risks, such as cyberattacks and sexual harassment allegations, front and center
  
• Analyze the business through the eyes of a shareholder activist
  

With the new realities of corporate ownership, boards need to lead for the long term. This authoritative book shows them how.