Explains the roles that owners and boards must play to achieve sustained business success

Illustrates how owners and directors often go astray and contribute to value destruction

Presents the differences in value creation in owner-led firms versus publicly held ones

1 Introduction: Corporate Ownership.- Part I Hardware: A Value Creation Framework.- 2 The Primacy of an Owner's Mission.- 3 The Board of Directors: Governing the Mission.- 4 The CEO and the Executive Team: Responsible for Executing the Mission.- 5 Goals, Strategies, and Fundamentals.- 6Fundamentals: Financing and Risk.- 7 Control and the Corporate Board.- 8 Obsolescence and Counterfactual Thinking.- 9 MGSF and the Three Boards.- Part II Software: Effective Collaborative Processes and the Need to Manage Self.- 10 Delusions, Confusion, and Biases.- 11 Biases in Action and How High-PerformanceTeams Address Them.- 12 Fair Process Leadership: The Path to Positive and Collaborative Dynamics for Owners and Their Directors.- 13 Fair Process Leadership Illustrated: Applications to Owners, Board Members, and Executives.- Part III Humanware: Owners as Leaders and Value Creators.- 14 Profiles in Ownership.- 15 Transitioning to Ownership and Developing as Owner.- 16 Ownership in the Twenty-First Century: Closing Thoughts.