A UK-based independent worldwide fellowship
Welcome to the official launch page for Board Excellence: Global Best Practice, a groundbreaking work that sets a new standard in corporate governance and board management. Edited by CHENG Yuan and LU Yuebing, and published by Global Century Press, this book is a must-read for board directors, policymakers, and business leaders seeking to navigate the complexities of today’s corporate world. It provides a comprehensive overview of effective board practices, combining research and real-world insights to foster leadership, culture, and strategic planning. Embrace the opportunity to elevate your organization’s governance with this essential guide.
This book is available in Chinese, with the Overseas Chinese edition incorporating select English elements to cater to a wider readership. This practice, a hallmark of Global Century Press, enhances the accessibility of the publication to non-native Chinese speakers or learners of the language. By blending English translations or summaries with the original Chinese text, the publisher not only broadens its market but also facilitates cross-cultural understanding and appreciation. This feature is especially useful for readers interested in Chinese studies, as it allows them to engage with the material more deeply and effectively, regardless of their proficiency in Chinese.
About the book
Board Excellence: Global Best Practice starts with the hardware elements of the board, such as board structure, key roles and responsibilities, and the board director’s skillset. The book also is composed of soft power such as board leadership and board culture, operational procedures, and board succession strategies. It articulates the key components of board excellence and how boards are run effectively. It provides insights and advice for board directors and leaders working at regulatory authorities, public companies, privately-owned companies, stateowned enterprises, joint ventures, and family-owned businesses, to elevate corporate governance and competitiveness.
The authors of Board Excellence: Global Best Practice have conducted doctoral research at the University of Oxford and the University of Cambridge, respectively. Based on the authors’ long-time experience as consultants and senior executives, the book brings deep insights from collaboration with senior executives and board directors over the past few decades, together with Russell Reynolds Associates’ global research findings. It showcases the best practices of board directors from a global perspective for Chinese companies, regulators, and academic researchers. The book replies to the urgent demand and future trends of board leadership.
About the authors
As Non-Executive Chairman of Russell Reynolds Associates Greater China, Dr CHENG Yuan leverages her deep subject matter expertise and market insights to provide board advisory, CEO succession, and executive search services to leading multinational corporations and Chinese companies. CHENG Yuan is a member
of China Corporate Governance Expert 50 Forum, and an Advisory Board Member of Beijing Institute of Talent Development Strategy. She is also a Trustee of Global China Academy Board of Trustees. She holds a Bachelor of Arts degree from Beijing Foreign Studies University and a D.Phil in Sociology from Oxford University.
Dr LU Yuebing is Chairman of the Board of Air Liquide (China) Holding Company and venture partner of B Capital. Previously, he has been senior executive as Vice Chairman of China Funds at Siguler Guff, Deputy President and Chief Investment Officer of China Jianyin Investment (the domestic investment arm of CIC), and managing director at Climate Change Capital. Additionally, his lead rship extends to various industries, having been Vice President at Alstom (China), Ford Motor (China), and Caterpillar (China). Dr. Lu is an honorary senior research fellow at Birmingham University. He holds a Bachelor’s in Mechanical Engineering from Tsinghua University and a Ph.D. in Economics from the University of Cambridge.
Contents
Prefaces
General Preface: Introduction to the ‘Understanding China and the World book series’ by ZHENG Hangsheng and Xiangqun Chang
Preface 1 / CHU Xuping
Preface 2 / GAO Minghua
Acknowledgments
Chapter 1: Improving the board’s ‘hardware’
1.1 Board structure and independence
1.2 Board committees
1.3 The key roles on board and requirements
1.4 The new trends of board and governance
Chapter 2: Building board’s ‘soft power’
2.1 What is effective leadership of the board
2.2 Fostering a board culture of collaborative governance
Chapter 3: Operational excellence of the board
3.1 Easing the onboarding process of new directors
3.2 Optimal behaviors of board directors
3.3 Board leadership in times of crisis
Chapter 4: The evolution of board excellence
4.1 Planning board succession in advance
4.2 Driving continued boardroom transformation
4.3 Dealing with shareholder activism
Chapter 5: Building board excellence
References
Appendixes
1 How will ChatGPT and other generative AI impact leadership?
2 Activities of Chinese and global directors
Dual language information from Global Century Press
1 Abstract and about the author
2 Table of contents
3 About the book series
4 Global Century Press and its unique features
4.1 GCP creates a unique feature for a dual-language service with global and transcultural perspectives
4.2 GCP style rules for rendering Chinese-English dual languages
4.3 GCP style rules for punctuation marks in Chinese and English bilingual typesetting
4.4 GCP style rules for Chinese and related names
5 Other book series and journals published by Global Century Press
As we conclude our introduction to the Board Excellence: Global Best Practice, we highlight its foundational role in shaping the leadership of boards today and in the future. The overseas Chinese edition, published by Global Century Press, features a unique bilingual introduction by the publisher and is slightly updated by the editors from the 2021 Mainland Chinese edition. It offers abundant knowledge and practical strategies for achieving corporate governance excellence. We encourage you to explore its pages to discover the secrets to successful board management. Click on this page now to get your copy and embark on the journey toward effective governance and improving organizational performance.
