A best-selling management guru offers a checklist that board members can use to keep their company focused on the real drivers of wealth.

As boards take charge of how they work, they must also take charge of what they work on. One way to ensure that a board is talking about the things that really matter is to consider the 10 questions every director should ask. The purpose of the questions—to which directors should, but often don’t, know the answers—is to help them discover for themselves the areas on which the board might wish to spend more time. Each of the questions here opens the door to a set of follow-ups that determine the extent of the individual’s knowledge—and that of the board—on particular issues.

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