The Savvy Director Blog

Have you ever served on a board with a director you’d consider ideal? Someone you can’t wait to have in the boardroom, to engage in conversation that’s forward thinking, inspiring, and infused with values and goals aligned with the organization you both serve?

If you haven’t experienced that yet, I sincerely hope you do at some point, because there’s nothing like it. No matter your colleague’s background, they come prepared - ready to participate in the board discussion. Maybe not for every t...

Remember that feeling just before walking into your first board meeting? That combination of excitement and trepidation? You were wondering what you had got yourself into. But you couldn’t wait to make your mark.

But maybe that feeling has changed. Let's say you’ve been sitting on the board for a while. But now, instead of feeling excited and energized, eager to add value and make a difference, maybe you have a sinking feeling before your board meeting. Maybe you are not looking forward to it...

Let’s start with a fundamental truth in the world of boards — whether they’re non-profit, private company, publicly traded, or charity boards. Board directors wear many hats — but they don’t wear them every day. Unlike staff, directors aren’t embedded in the organization’s daily operations. Their time together is limited, their role is strategic, and their impact depends on one essential truth.

A Savvy Director focuses on what matters.

This isn’t one of DirectorPrep’s Six Key Habits, but i...

Over the years I’ve been involved in more than a few searches for a new CEO, and, I have to say, it’s got to be one of the most nerve-wracking processes that a board of directors undertakes. There is just so much riding on that one decision. It’s a process that is fraught with risk – the risk of overlooking the right person and selecting the wrong person.

In recent blog posts, we’ve dealt with different takes on the board’s role in CEO succession – first, the challenge of naming an interim CEO ...

 

Here’s a new acronym for you. BANI. It stands for Brittle, Anxious, Non-linear, and Incomprehensible. These four words form a framework that’s meant to describe the current state of the world.

Futurist Jamais Cascio created the BANI framework as a way of dealing with an increasingly chaotic environment — a confusing world that leaves us with the sense that things are spinning out of control. Cascio’s goal was to uncover an understanding of why we’re getting unexpected outcomes, and how the ...

How can directors possibly know what is going on in the organizations they serve? After all, while management spends all their time immersed in operations and strategy, board members spend a comparatively small amount of time on their board duties and seldom step outside the boardroom.

That makes for a huge information gap.

As a board director, you’re pretty much completely dependent on management reports and presentations to best inform the discussion that’s needed to fulfill your responsib...

Disruption risk is the potential for unexpected events that can interrupt or significantly alter an organization’s operations, market position, or strategic direction.

Disruptions can be caused by factors such as technological advancements, market shifts, regulatory changes, natural disasters, or other unforeseen events. The potential impact ranges from minor operational hiccups to significant threats to sheer survival.

Such is the case with tariffs.

In today's complex global economy, board...

We often hear from readers looking for ways to elevate their boardroom discussions to a more strategic level. That makes sense. Strategic discussions are more interesting, forward thinking, and robust than those that drill down into the minutiae of operations.

When the agenda and reading material don’t reflect the organization’s high level strategy - instead being filled with pages of execution detail and ‘busy work’ metrics - is it any wonder directors slow the meeting down with operational ...

Ensuring that the annual operating budget is aligned with the strategic plan was one of my greatest takeaways when I was enduring ‘audit committee weekend’ as part of a corporate director certification program many years ago.

I learned that many of the best questions for management come from non-financial people like me around the board table. Why would that be?

While I believe the audit partners teaching that program module wanted to get the non-financial people excited about being on finan...