The Savvy Director Blog

 

The COVID-19 pandemic is finally receding into the rearview mirror, and so is the crisis mindset that affected so many organizations around the world. Board directors everywhere are eager to get back to a more “normal” rhythm.

While this kind of global health crisis is rare, it’s a good bet that sooner or later every organization – private, public, non-profit, or government – will face some kind of crisis. Getting through it will take skill, commitment, and judgment on the part of both the ...

Do you ever feel the calls from the boardroom to modernize, evolve its mandate, redefine its purpose, refresh its composition, motivate the management team - but nothing ever actually changes?

When it comes to making progress in boardrooms globally, there can be an insidious complacency that often prevents us from achieving real transformation.

Maybe your boardroom is the exception.

The truth is that true change demands courage – both on the level of the individual director and as a unifi...

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Today’s post is by David Jaworski, Principal Product Manager for Microsoft Teams and co-founder of DirectorPrep. Dave serves on the board of INEO Solutions (TSXV: INEO) as well as non-profit boards. He previously served on the Advisory Board of Payworks and the public board of PNI Digital Media which was acquired by Staples. [email protected] LinkedIn: https://linkedin.com/in/DaveJaworski

Thanks to ChatGPT for also contributin...

A board retreat can be a way to harness the board’s passion and expertise and align board members on strategy and goals. When the retreat’s been well planned and executed, directors leave feeling energized, and more engaged than ever in the future of the organization they serve.

The big advantage of a board retreat is that it differs from a regular board meeting in format, content, and tone. A typical board meeting is tightly scripted to get through a packed agenda in a limited time frame. Th...

Your board work should be an enjoyable experience, especially if you like dealing with interesting, complex issues where the best way forward is often difficult to discern. At their best, your board meetings should be intellectually stimulating, engaging, and rewarding – a place where you have the opportunity to exchange views with people you respect and dig down into all sorts of fascinating data.

Then why are so many board meetings boring? And why are so many board directors frustrated, di...

Most of us like to think we’re self-aware – that we see ourselves clearly. Apparently, most of us are wrong. Research shows that only 10 to 15 percent of us fit the criteria for self-awareness.

Why does it matter? For board directors, self-awareness is an important attribute because when we see ourselves clearly, we can be more effective in the role.

For the Institute of Corporate Directors (ICD), self-awareness ranks along with effective judgment and integrity as one of the ‘personal style...

Critical thinking is a key skill for board directors. But does that mean a director is expected to be constantly negative, cynical, and hyper-critical?

Not at all.

Critical thinking isn’t about criticizing. It’s about how you approach problems, issues, and arguments. It’s about asking questions like ‘Why?’ or ‘How?’ or ‘What happens if?’ It’s about objectivity, having an open mind, and relying on evidence to understand what’s really going on.

And when your understanding is deeper, your co...

One of the first things to happen at every board meeting is the approval of the minutes of the previous meeting. Until that happens, the minutes are still considered a draft.

It’s an important step, even though it might just take a few seconds. That’s because minutes are the official record of what happened at the previous board meeting – who was there, what decisions were made, and what actions were planned.

What exactly should you be looking for in the minutes before you vote to approve th...

Our too-short summer is drawing to a close, and, with that, DirectorPrep’s hiatus from weekly blog production has ended. Fortunately, the news cycle has brought us the gift of content.

Hockey Canada is the governing body of Canada’s most beloved sport - a non-profit organization with a board of volunteer directors. But don’t kid yourself – this is big business. And now it’s in hot water and its board is under public scrutiny. That makes it fodder for our third installment of “Governance in t...

 

You may find the term “business model” thrown around in the boardroom.

In this Savvy Director article, we’ll explore what it means, how it differs from strategy, and what the board’s role is, and what directors need to know to fulfill their role with respect to the organization’s business model.

And if the board you serve is in the non-profit sector, not to worry. There’s plenty here for you as well.

What is a business model?

The term business model is one of those things people recogn...