Ram Charan Forecasts Fundamental Boardroom Changes at Special Breakfast Event
New York, NY
We have a rare appearance from Ram Charan, described by Fortune Magazine as “The world’s most sought-after consultant”. He will be forecasting fundamental changes in the Boardroom.
Ram’s recent books, especially Boards that Lead and The Attacker’s Advantage hold that Boards must play a more formal leadership role and become actively involved in a true partnership with Management. Board Directors can no longer be “hands off”. In fact there are some mission critical leadership principles now required by Directors, one of which is for Board members to understand and reaffirm that the “Central Idea” of the company is correct and to then defend it. This is the paramount duty of a Director and it brings the Board directly into a leadership role in the company. According to Ram, the Board has no choice but to step up to this need.
Boards that wrestle with the questions of strategy, succession, execution and evaluation implicit with a powerful Central Idea are unlikely to retreat to a passive role. A Central Idea also drives the logic for creating a new breed of strong Directors, CEOs and Management; people capable of shaping, implementing and supporting the Central Idea of the company.
Today new Directors must not only think strategically and contribute to Board discussions, but also be so familiar with and protective of the Central Idea that they are ready and able to help the company move quickly when external forces dictate. Only then can Directors engage constructively, ask the right questions and add real value, including helping Management recognize when a Central Idea is becoming less relevant.
The right Director today must be prepared to think strategically about the firm’s competitive position and contribute to its Central Idea. He or she must be able and willing to be “hands on” when it comes to helping plan strategic attacks. The bright line between Managers and Directors will blur. They will be partners in addressing issues at the highest level.
Ram explains the capabilities Directors will need to succeed in this era of frequent “bends in the road”. The Attackers Advantage is the perceptual acuity to detect before others forces that could radically reshape a market space; it is the ability to position your business to make the crucial move first. All parties must be willing to accept uncertainty in such an environment, which adds another dimension to the specification of Director.
Location and Time
50 Vanderbilt Ave
New York, NY 10017
Ram CharanRam Charan is a world-renowned business advisor, author and speaker who has spent the past 35 years working with many top companies, CEOs, and boards of our time. In his work with companies including GE, MeadWestvaco, Bank of America, DuPont, Novartis, EMC, 3M, Verizon, Aditya Birla Group, Tata Group, GMR, Max Group, Yildiz Holdings, and Grupo RBS, he is known for cutting through the complexity of running a business in today’s fast changing environment to uncover the core business problem. His real-world solutions, shared with millions through his books and articles in top business publications, have been praised for being practical, relevant and highly actionable — the kind of advice you can use Monday morning.
Ram’s introduction to business came early while working in the family shoe shop in a small town in northern India, where he was raised. He earned an engineering degree in India and soon after took a job in Australia. When his talent for business was discovered, Ram was encouraged to develop it. He earned MBA and doctorate degrees from Harvard Business School, where he graduated with high distinction and was a Baker Scholar, then served on the faculties of Harvard Business School and Northwestern University before pursuing consulting full-time.
Ram’s work takes him around the globe non-stop and gives him an unparalleled, up-to-date insider view of how economies and leading companies operate. Through keen observation and analysis, he forms powerful insights that help business leaders face their toughest challenges in the areas of growth, talent development, corporate governance, and profitability. His timely concrete advice is a powerful tool in navigating today’s uncertain business climate. Former Chairman of GE Jack Welch says Ram “has the rare ability to distill meaningful from meaningless and transfer it in a quiet, effective way without destroying confidences,” while Ivan Seidenberg, the former CEO of Verizon, calls Ram his “secret weapon.”
Ram has coached more than a dozen leaders who went on to become CEOs. He reaches many more up-and-coming business leaders through in-house executive education programs. His energetic, interactive teaching style has won him several awards, including the Bell Ringer award at GE's famous Crotonville Institute and best teacher award at Northwestern. He was among BusinessWeek's top ten resources for in-house executive development programs.
Ram has authored over 20 books since 1998 that have sold over 2 million copies in more than a dozen languages. Three of his books were Wall Street Journal bestsellers, including Execution, which he coauthored with former Honeywell CEO Larry Bossidy in 2002, which spent more than 150 weeks on the New York Times bestseller list. He also has written for publications including Harvard Business Review, Fortune, BusinessWeek, Time, Chief Executive and USA TODAY.
Ram was elected a Distinguished Fellow of the National Academy of Human Resources and has served on the Blue Ribbon Commission on Corporate Governance. He has served on the boards of Hindalco in India, Emaar, Austin Industries, Tyco Electronics, and Fischer and Porter. His newest book, Global Tilt (Crown, February 2013), is a guide to leading your business through the radical shift in economic power currently underway.