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We all believe that groups make better decisions than individuals. Thereâs power in numbers, isnât there? Otherwise, a board of directors might just as well consist of one person.
But is it true? Do groups really make better decisions?
How do groups go about making decisions, anyway? More importantly, how should...

Have you noticed that even a board made up of individual creative thinkers can prefer the status quo over change? If youâve noticed this tendency, what youâre seeing is status quo bias â just another cognitive bias that affects our decision-making.
You know the saying, âIf it ainât broke, donât fix it.â In other words, if things are working, weâr...

There are no HiPPOâs in the boardroom, are there? Yes, there are when HiPPO stands for âHighest Paid Personâs Opinion.â
The HiPPO effect is when the highest paid personâs opinion carries more weight than anybody elseâs in the room. Thatâs because we subconsciously endow highly-paid people with a degree of authority that they donât necessarily dese...

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 isnât about criticizing. Itâs about how you approach problems, issues, and arguments. Itâs about asking questions like âWhy?â or âHow?â or âWhat hap...


There are days when itâs just not obvious what the subject of the next weekly Savvy Director blog should be. So, we happily welcome reader suggestions.
A couple of weeks ago, Jim sent an email with a link to an article from The Globe and Mail, âIntroverts, time to add some extrovert skills into your repertoire.â The gist of the article i...

Ever since I decided to write this blog post about logical fallacies in our boardroom debate, Iâve had this refrain going through my head. Iâm hoping that by sharing it with you, I will finally be free âŠ
âLet'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 ta...

Letâs face it, a board directorâs main job is to think â 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,...

Over the years, Iâve 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 âAssumptions.â It lists the conscious decisions taken by management to treat the unknown as known. Typically, t...

After twenty years, itâs time to say goodbye to an old friend ⊠my office chair.
We started the business together in the late â90s. We were successful. We collaborated through thick and thin â literally. Always supportive, never a complaint. Until recently.
The business has changed. Yes, weâre still helping board directors prepare for board meetings, so they are ready to colla...
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