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Within the global discussion about the need for more diversity in the boardroom, the higher-level goal of maximizing diversity of perspective seems to get lost in the mix of whatâs truly important when key decisions are being made.
On their own, completing a compliance checklist or creating a complicated matrix of gender, race, age, orientation, faith, and social status wonât result in better decisions. Creating the conditions for all directors, of all backgrounds, to feel comfortable expres...
Disruption risk is the potential for unexpected events that can interrupt or significantly alter an organizationâs 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...
âThatâs a big decision. Iâm going to sleep on it.â
What kinds of decisions require additional time to consider?
Authenticity is a popular word among business leaders these days. Managers are advised to bring their full selves to the office, to engage in frank conversations, and to tell personal stories as a way of building trust and improving group performance. Itâs a powerful way to lead with purpose and integrity.
That got me thinking about how authentic leadership might apply in the boardroom. Can board directors adopt an authentic leadership style in the boardroom? And even if they can, should they...
One of our duties as board directors is to challenge management. Some directors find it hard to challenge because they donât want to offend. Others are eager to challenge but end up leaving resentment and hard feelings behind.
How can we find a balance so we can fulfill our duty and yet still maintain a positive relationship with management?
The answer is constructive challenge â the practice of asking questions in board and committee meetings with the purpose of providing scrutiny, putting ...
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 donât reflect the organizationâs high level strategy - instead being filled with pages of execution detail and âbusy workâ metrics - is it any wonder directors slow the meeting down with operational ...
In the first Savvy Director post of 2025, weâll take a look at some of the challenges and opportunities our boards may be facing as the year unfolds.
Of course, the impact of external pressures and governance trends varies considerably based on factors like your industry sector, type of organization, and geographic location. That means that some of the items we cover here will apply to your situation, and others wonât â at least not directly.
Still, itâs a good idea for all directors â rega...
The working dynamics between board directors, and how they collaborate when making key decisions, is a topic of endless curiosity for me. How do directors strike the right balance between constructive dissent and getting along?
Should directors be a team or behave more like a team? And what can we, as directors, learn from high-performing sports teams?
No matter how many superstars are at the board table, a key driver of success is the ability to build strong working relationships between d...
Over the course of a year, a board of directors must review key information, approve important documents, hold vital discussions, and make critical decisions. How do they stay on track?
The annual board calendar is a valuable tool to ensure that all these events happen at the right time. Itâs more than just a list of dates and times. Itâs a document that needs to be well thought out and carefully considered.
Think of the board calendar as a planning tool to help the board govern effectively....
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