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If you’ve been hesitant to try AI, you’re not alone — and you’re not behind. Many board directors are still figuring out where AI fits into their governance work.
The good news? You don’t need to be a tech expert to benefit from AI. You just need to be curious and w...

One of the fundamental assumptions about the value of a board of directors is that group decisions produce better outcomes than those made by individuals. The idea is that diverse perspectives and robust debate improve the decision-making process. That’s often — but not always — true.
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One valuable skill for board directors in any organization is the ability to consider an issue from multiple perspectives.
Being able to see both sides of any issue allows us to thoroughly evaluate risks and benefits, balance stakeholder interests, anticipate challenges and objections, and make info...

“That’s a big decision. I’m going to sleep on it.”
What kinds of decisions require additional time to consider?

One of our duties as board directors is to challenge management. Some directors find it hard to challenge because they don’t 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 ...

How much information is enough for a board to make a decision with impact?
The best boards can make decisions without perfect information. Waiting for perfect information often results in a missed opportunity. Analysis paralysis is a description applied to the inability to make a timely decision while waiting for more and more data. I’d...

At its core, a board of directors is the ultimate decision-making body for an organization. The board’s ability to make sound decisions based on consideration of reliable facts, coupled with the good judgment of its individual members, is a key element of organizational success.
That make...

You’ve read the material. You’ve seen the presentation. You’ve listened to management’s request. Now it’s time for the board to make a decision. It’s an important decision, too. You’re expecting a robust discussion.
But the room is quiet. Maybe a couple of directors ask a question or two, just for clarification. Now it l...
 
Accurate thinking is a process that helps us differentiate between relevant and irrelevant facts. It’s an important skill to have whether we’re reviewing board materials, presentations, books, newspapers, or even when watching our favorite political news television channel.
The phrase was coined by success guru Napoleon Hill in the 19...

Here’s a familiar scenario for most board directors. You’re reviewing management reports in preparation for an upcoming board meeting. There’s a report on a just-completed project, or maybe a proposal for a new one. You take a quick look. Ho-hum. Nothing new there. It’s just as you thought – the project was a success and the proposal makes sense.
Mayb...
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