Corporate boards face a host of internal and external issues, such as impossible compliance and governance expectations as well as a lack of diversity among board members. Though new legislation is increasingly requiring gender diversification, there are no guarantees that perfect gender parity and diversity quotients will improve performance. This is due in large part to god-like qualities all too often bestowed at the head of the table. This book challenges conventional wisdom of corporate governance and group decision-making and offers c-suite executives and corporate board members tools for identifying where breakdowns in governance are likely to occur, and how to avoid them or prepare for their inevitability. Each chapter examines blind spots, risks, and opportunities, and presents practical recommendations and current illustrations of ineffective leadership and risk management, such as Elon Musk’s 40 million dollar tweet and JP Morgan’s London Whale. Further, the book also explores the governance failures that gave rise to the #MeToo movement. With key guidance on maintaining corporate value systems and setting clear strategic objectives, this book will direct corporate leaders on how to adapt to the need for change and improve competitive strategy.

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