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Dr. Chris Bart, FCPA

WHAT LEADING CORPORATE DIRECTORS ARE SAYING ABOUT THIS PUBLICATION . . .

“Dr Bart hits the nail on the head regarding what directors need to know about strategy. Every corporate director should be required to read this.”

ERIC ROSENFELD
President, Chief Executive Officer & Managing Member, Crescendo Partners
Chairman, CPI Aerostructures Inc., Computer Horizons Corp. and Trio Merger Corp.
Director, Primoris Services Corporation
Lead Director, Cott Corporation

“Strikingly useful. I highly recommend this monograph for both new and experienced directors.”

GILBERT BENNETT,
Chairman, Discovery Air Inc.
Director, Samuel Steel
Past Chairman, Canadian Tire Corporation, Limited, FortisOntario Inc., Encal Energy Ltd., Bracknell Corporation and Ontario Casino Corporation
Former Director, IPL Energy Inc., The Consumers Gas Company, Eldorado Nuclear Limited, de Havilland Inc., Algoma Steel Inc., NAV CANADA, Air Nova Inc., Fortis Inc. and Cablecasting Limited.

“Many board strategy off-sites consist of countless power points by management followed by a little ‘tire kicking’ by the board. Chris Bart has developed a practical, comprehensive framework to shift this discussion to a far more constructive dialogue between the board and management—one that draws the board into the strategy conversation in a more meaningful and appropriate way that ultimately adds greater value for both the management team and the organization’s stakeholders.”

BEVERLY BEHAN
Author “Great Companies Deserve Great Boards” (Palgrave Macmillan, 2011; Directors & Boards magazine’s “Governance Book of the Year” for 2012.)
Member, Directorship magazine’s “Directorship 100” — the 100 most influential people in corporate governance and the boardroom in the US.

“Today’s Boards are being held increasingly accountable and legally responsible for corporate action and inaction as a result of regulation and activist shareholder groups represented by concentrated ownership in the hands of hedge funds and private investors. Chris Bart’s guide to Board processes for the 21st century, focussing on a Board’s strategy execution, is the result of personal experience overlaid with academic insight into these formidable challenges. A invaluable tool for incumbents and aspiring candidates for for-profit and not-for-profit Board service.”

AUSTIN BEUTEL
Chairman, Oakwest Corporation Ltd., and the Equitable Group/Equitable Trust Company,
Director, Aecon Group, Astral Media and Opta Minerals,
Co-founder & Past Chairman, Beutel Goodman & Company
Co-founder, Dynamic Mutual Funds Group
Past Chairman, Sunnybrook Health Sciences Centre

“Most directors struggle with the approach they should take to their corporation’s important task of strategic planning. This work gives directors a succinct and useable toolkit to help in that task.”

NANCY E. HOPKINS, Q.C., (HON) C.A.
Partner, McDougall Gauley LLP
Director & Chair, Nominating, Governance & Risk Committee, Cameco Corporation
Chair, University of Saskatchewan
Director & Chair, Audit Committee, Growthworks Canadian Fund Inc.
Director & Chair, Governance Committee, Canada Pension Plan Investment Board

“The importance of corporate governance today simply cannot be overstated and The 20 Essential Questions Directors Should Ask About Strategy is a great way to help frame the role of the Director in today’s business environment. Like any framework it cannot be completely definitive, however, developing answers to these questions, and the additional clarifying questions they are likely to solicit, should provide any Director with a basis for addressing his/her role in the corporate governance structure of the organization as it relates to the crucial area of Strategy for any enterprise.”

BRUCE REID
Director, The Faithshire Financial Corp., Lynx Equity Ltd., Direct Access Marketing Inc., ThoughtSpeed Inc., Cornerstone Equestrian Center Ltd., and The Richard Ivey School of Business
Past Chairman, Sybase Canada Inc, W.H. Smith Canada Ltd. and Midnorthern Group Inc., The Retail Council of Canada, and The Credit Valley Hospital Foundation

“20 Essential Questions Corporate Directors Should Ask About Strategy should be mandatory for all Board members. It is a very practical guide for becoming an effective and productive Board member.”

DON ZIRALDO, CM, LLD
Founder, Inniskillin Wines, Chairman, Ziraldo Icewines, Director, Mobilotto Inc, Shaftesbury Films inc., Vineland Innovation and Research Centre

“20 Essential Questions should be compulsory reading for all board directors. Bart deals with the critical subject of strategy in a concise, focused, and comprehensive manner. It’s everything that needs to be asked about strategy, made simple.”

EDWARD A. MINICH, B.SC., M.B.A., LL.D.(HON.), C. DIR.
CEO Coach & Mentor
Professional Director
Former CEO of Otis Canada, Inc.

“Succinctly identifying the needs of corporate board, this publication of ‘strategic questions’ is an important, relevant and timely reminder to all Directors and Senior Management of the explicit responsibilities and accountabilities for organizational strategy.”

MARNIE SPEARS, BA, C.DIR.
President & Chief Executive Officer, KCI (Ketchum Canada Inc.)
Director, Hamilton Utilities Corporation
Past Chair, Royal Botanical Gardens
Former Vice-Chair, Mohawk College

“20 Essential Questions Directors Should Ask About Strategy is a practical, plain language tool to help directors of both large and small organizations to understand, assess and monitor strategy.”

RICHARD MONK, C.DIR, A.C.C., CMC, FCMA
President & CEO, M Sight Global Inc.
Past Chair, Certified Management Accountants of Canada

“A prominent paradox in contemporary corporate governance is the wide awareness among directors of their duty, under legislation and suggested best practices, with respect to active oversight of the strategic planning process in their organizations, while at the same time rating themselves less than effective in actually meeting this responsibility. One reason behind this paradox is uncertainty about how to practically engage the discussion with management and how to determine who should bear which responsibilities as the planning process develops and unfolds. This 3rd edition, like its predecessors, gives directors an appropriate point of departure and a sure course to steer in navigating this most important subject. To the extent that the principal duty of every director is to ask informed and relevant questions, these questions assist all of us in meeting our fiduciary obligations.”

PAUL J. TICE, MA, CMA, C.DIR.
Director & Chair, Audit & Finance Committee – NAV CANADA
Chair, Audit Committee – Natural Sciences & Engineering Research Council of Canada (NSERC)
Chair, Audit Committee – Social Sciences & Humanities Research Council of Canada (SSHRC)

“Chris has managed in this focused 20 questions monograph and workbook, to capture the essence of the link between strategy and governance. In a practical and thought provoking way, he challenges us to think and ask questions about where we have been, where we are going and why we think going there is the right thing to do”

ANTHONY GIOVINAZZO, C.DIR., ACC
President & CEO, Cynapsus Therapeutics Inc.

“As a serious long serving Director of several successful large private and public companies, I congratulate Chris Bart on providing a succinct road map for directors to monitor one of the most important elements of their job as a responsible Director. Canada is a world leader in good corporate governance and Bart’s 20 Essential Questions add immensely to this body of work.”

J. LORNE BRAITHWAITE
President & Chief Executive Officer, BUILD TORONTO INC
Founder, Chairman, President & CEO, Cambridge Shopping Centres
Past Worldwide Chairman, International Council of Shopping Centres
Chair, Investment Advisory Committee, Canada Post Pension Plan
Director, Enbridge Inc. and Bata Shoe Corporation Worldwide

“Ensuring an organization has an optimal strategy is a key board responsibility. Following the line of critical questioning and critical thinking outlined in 20 Questions Directors Should Ask About Strategy will go a long way to satisfying the board's role in establishing an appropriate strategic direction.”

DON MCCREESH
President, The Garnet Group
Chair, Educators Financial Group
Past Board Chair and Chair of the HR Committee, Brainhunter Inc.
Former Lead Director and Past Chair of the Corporate Governance and HR/Compensation Committees, RAND A Technology Corporation
Past Chair, Imagine Canada and YMCA Canada

“A Must Read! — a concise and relevant reminder of the content to keep in mind when planning any corporation’s strategy.”

LESLIE MARKOW, CA, CPA
Director and Audit Committee Chair, Jemtec Inc.