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Is asking âwhy?â a good question for the boardroom?
A "why" question can work well during a board meeting because it can help clarify the reasoning behind decisions or actions that the organization has taken. A "why" question can also help uncover potential issues or challenges that may need to be addressed. However, itâs important to frame a âwhyâ question in a constructive way to avoid appearing confrontational.
In the heat of the moment, framing a question carefully is easier said than do...
Does it sometimes feel as though you hear from the same few directors at every board meeting? What about all the others? Why do they stay silent? And more importantly, what can be done about it?
These days, many boards are consciously pursuing more diversity around the board table. The benefits include exposure to a variety of viewpoints, a range of experiences to draw on, and greater insight into stakeholdersâ concerns and perspectives. But board diversity wonât deliver on its promise unles...
Recently, I had the opportunity to hear author Brian Hayward speak about his new book, The Great Chair: A Window on Effective Board Leadership. I was particularly struck by Brianâs comments on the topic of trust in the boardroom, and how it links to the ability to influence others.
Brianâs book is all about board chairs, and why they are more important than ever for effective governance, so his writing reflects the importance of trust in the board chairâs relationship to the CEO on the one ha...
The question posed above by my finance professor in business school may be one of the most impactful lessons of my university education. Not sure why, except maybe to suggest that his question really hit home.
The question was pretty much a side comment to the discussion that was underway at the time and Iâm not sure it resonated with others in my MBA class. But it did resonate for me. I was not even into boards yet, so, it wasnât about that. Nonetheless itâs a powerful question Iâve brought ...
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If you find your board work a less than enjoyable experience, and board meetings boring and frustrating, maybe youâre part of a dysfunctional board.
When it comes to a board of directors, dysfunction tends to arise from two broad areas â process and people. Youâre probably not surprised that people-centered dysfunction is way more frustrating to experience, and way trickier to fix, than the process-centered kind. Thatâs what happens when you throw human nature into the mix!
Still, there are...
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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 â 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...
âThe paradox of board leadership is that, while you might earn a seat on a board of directors thanks to your abilities, knowledge, or popularity, serving well as a board member means leaving your ego behind.â â Susan Mogensen, Brown Dog Consulting
Itâs not a surprise that, as a general rule, board directors have healthy egos. After all, theyâre most often selected from among the ranks of successful business people, entrepreneurs, professionals, and academics. Each one brings their own exp...
âWhen most people think of high-performing teams, they think of sports teams, trauma center professionals, or fire department crews. They rarely think of ⊠boards. Still, if you want an exceptional board, you need to create a h...
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