Building Board Effectiveness
A board that suffers from political tensions, conflicting directions, and the impact of personal agendas overiding that of the company can demotivate both the members of the board and their teams. In the worst case it can bring a company to its knees. Various authoritative reports have stressed the importance of:
- clarity of board purpose and activities
- board members understanding their individual roles and responsibilities, including executives being clear about their roles and responsibilities as corporate directors
- the quality and quantity of information (particularly financial information) presented to the board, and the ability of board members to understand this information
- positive working relationships, especially between non-executive and executive directors
- the degree and nature of challenge at board level, including executives challenging non-executives and other executives;
clear lines of accountability
- effective decision-making processes.
In our experience the critical element, if improvements are to be made, is a WILLINGNESS to change. Once the willingness is there we are confident that we can work with the board as a group and as inidviduals to:
- research and analyse the barriers to becoming a great board
- Isolate the critical element that must change to progress
- Gain commitment from indivduals to change behaviours
- See the value to them and the company of making those changes
We tailor make all board development programmes transforming talent and providing practical support and dynamic delivery. If there are specific problems you want to address, or feel that your board would benefit from a programme to refresh the approach of the whole group, please call us now on 020 3170 5779