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A couple of days ago, DirectorPrep co-founder Alice Sayant shared with me that her car wouldnāt start. The battery had just enough juice for auxiliary power, but not enough to turn over the engine.
Now, in our part of the world (the Canadian Prairies), a dead car battery is a fairly common occurrence in the middle of a cold winter. But it hasnāt even been that cold (at least, not yet.) And not only is her car parked in the garage, but the block heater (click here if youāve never heard of a bl...
Ever since I decided to write this blog post about logical fallacies in our boardroom debate, Iāve had this refrain going through my head. Iām hoping that by sharing it with you, I will finally be free ā¦
āLet's get logical, logical,
I wanna get logical.
Let's get into logical.
Let me hear your logic talk, your logic talk.
Let me hear your logic talk.ā- with apologies to Olivia Newton John
But seriously, logical fallacies, which are flaws in the way we apply basic logic to make arguments an...
Landing the board seat you want can be very competitive, even for the most seasoned corporate director. For the dedicated and experienced non-profit director, finding your way onto a board with influence on a cause that you care about can involve an opaque appointment process, especially if itās controlled by government. And high-profile charities have a limited number of board seats that open up on an annual basis.
So, what can you do to set yourself apart from other well-qualified candidate...
Letās face it, a board directorās main job is to think ā to think about finances, risks, strategy and people, and about all the other matters that come before a board of directors over the course of a governance year.
And while there is room around the board table for diverse thinking styles - analytical and strategic; people-focused, data-focused and process-focused; big picture thinkers and detailed thinkers; idealists, realists, and pragmatists; risk tolerant and risk averse ā thereās no u...
Every edition of The Savvy Director works to connect you with some of the latest resources and thought leaders to stimulate your thinking and governance skills in becoming the most effective board director you can be. This week is no exception. We have a couple of great links for you on chairing a board.
Weāre also highlighting a recently released report entitled High Performance in the Boardroom, from corporate director Tony Gaffney of Lambay Group Inc. with support from Canadaās Institute o...
Everything written since April/May 2020 about āBuilding Back Betterā seems out-of-date. This applies especially to my own material!
Is it just me, or is this second/third wave of our little pandemic going to require more resilience for our boards and management teams than we needed in round one to lead through the uncertainty?
You can do this.
Nine months after the early onset of the virus, our communities, societies, and boardrooms are now thinking and talking more about diversity, climate...
You now have easy access to board resources all in one place. Weāre talking about curated lists of podcasts, websites, blogs, books, social media and GNDI links.
Hereās why we did this for you.
Not long ago, we published a blog post called The Six Key Habits of The Savvy Directorā¢. The very first key habit listed was Build Governance Skills.
I believe strongly that knowing and understanding the boardās role and directorsā responsibilities is an important attribute for effective board direct...
Over the years, Iāve reviewed countless proposals, reports, project plans and other documents in the course of my board work and as an advisor to boards. Somewhere in the document, often buried, there should be a section labeled āAssumptions.ā It lists the conscious decisions taken by management to treat the unknown as known. Typically, the list of assumptions will include finances, people, resources, schedules, logistics, etc.
Articulating these assumptions is necessary in order to make a de...
Whenever I spot the words āgovernanceā or āboard of directorsā in a headline, I automatically know the story will not be a positive one. As far as I can tell, no reporter has ever written a good news story about a board of directors.
Instead, governance stories in the news tend to focus on conflict, crisis and failure ā shedding light on goings-on and machinations that were not meant to be in the public eye. However disturbing, these stories make fascinating case studies.
So today Iām going ...
Pete Seeger and Bruce Springsteen perform at a concert for President Obama in 2009. H. Darr Beiser, USA Today
āIt is the hard days, the times that challenge you to your very core, that determine who you are.ā ā Sheryl Sandberg, COO Facebook
Ā
āKeep Your Eyes on the Prizeā is a song made famous by Pete Seeger on his 1963 album, āWe Shall Overcome.ā It was played to keep spirits up during the 1960ās civil rights movement. Bruce Springsteen has also performed it, as have other artists. If ...
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