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"This is the third of three books authored by award-winning author Patricia Meredith. Her first book, Catalytic Governance: Leading Change in the Information Age (co-authored by Steve Rosell and Ged Davis) set out a process for leading transformative change, based on the authors' experience with the Canadian Task Force for the Payments System Review. Her second book, Stumbling Giants: Transforming Canada's Banks for the Information Age (winner of the 2018 Donner Prize and co-authored with James Darroch) highlighted how ill-prepared the Canadian banks are for the technology tsunami overtaking financial services. To regain their reputation as vibrant enablers of economic growth, Better Boardrooms proposes that a broad cross-section of Canadians - policy makers and regulators, customers, suppliers, investors and, not least, bankers themselves - work together to create a banking system better suited to the twenty-first century. This new model of governance is based on a collaborative approach which ensures all relevant voices are heard. As boundaries between industries blur and stakeholders gain greater access to information, it is vital that policymakers and regulators, customers and suppliers, investors and managers work together to fix Better Boardrooms."--

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• Reference Manager
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"Although the information age offers individuals from all walks of life the power to make their voices heard, we often end up with a cacophony of competing voices rather than a conversation. With so many people empowered to join the decision-making process, the number and diversity of stakeholders in governance situations poses a special challenge: how do you steer when so many hands are on the wheel? Catalytic Governance offers a proven approach to managing this challenge, built on the insight that effective leadership and governance depends less on traditional top-down approaches and more on creating shared meanings and frameworks. Drawing on their experiences managing transformational change in a complex, multi-stakeholder environment on issues ranging from finance to climate change, health, and the digital revolution, Patricia Meredith, Steven A. Rosell, and Ged R. Davis demonstrate how to use dialogue to engage stakeholders, explore alternative perspectives, develop shared mental maps and a vision of the future, and co-create strategies and initiatives to realize that future. While elements of this approach will be familiar, this is the first time they have been combined into a coherent model and tested together in practice. The book describes in detail how this was done in the process of transforming the Canadian payments system. The catalytic approach to governance is a powerful tool for leaders in the public and private sectors looking to lead and govern more effectively."--

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