The Lucerne Board Management Model - the legally sound reference model with 31 illustrations and lots of food for thought to be deepened in management bodies of all sizes and in all sectors

The Lucerne Board Management Model supports the Board of Directors (BoD) in successfully managing and changing the company limited by shares entrusted to it. It has proven its worth in companies of various sizes and industries and is now regarded as a benchmark. On the solid foundation of the revised Swiss company law as an example, the authors develop and link the four central action fields of the BoD. For only in an orchestrated interplay, Governance, Run the Business, Change the Business and Resources can develop to their full effect. In the Lucerne Board Management Model, integral risk and company-wide opportunity management are integrated in accordance with international standards (ISO 31000, ÖNORM 4900, COSO ERM). This practice manual also highlights the personal liability of the BoD and is therefore primarily aimed at active or future board members who want to set an example of best practice. It enables the Executive Board, opportunity and risk managers, internal and external auditors to discuss corporate development with the BoD at eye level, based on a unique, implementation-oriented board management model: The Lucerne Board Management Model.

With the Lucerne Board Management Model presented in this book, its methods, systems and processes, which integrate and help to coordinate both the offensive and the defensive standards of Art. 716a of the Swiss Code of Obligations, you as a board member fulfil your legal obligation to design, implement and monitor normative board management, integral risk and company-wide opportunity management. Combined correctly and consistently, the Lucerne Board Management Model provides you as a board member with an effective management instrument with which you can successfully manage the company entrusted to you and change it in a methodically sound manner. As a board member, you thus live up to your high level of responsibility; and at the same time you protect your most important legal asset from liability suits in the best possible way,

Auteur
Prof. Dr. iur. Mirjam Gruber-Durrer is a lawyer and lecturer in normative board management at the Lucerne School of Business. She is co-programme leader of the CAS Board of Directors and conducts research in the areas of corporate governance, risk management and compliance. She wrote her dissertation on the «Obligation of the Board of Directors to Integral Risk Management in SMEs».