The Savvy Director Blog

Many of the problems that boards are faced with involve decision making under uncertainty. Rarely do we have the kind of perfect information that would allow us to predict with complete confidence what the outcome of our decision will be. Most of the time, it’s impossible to know that the facts we’re relying on are 100% certain.

To help decision makers reduce the uncertainty of the information at hand, business schools teach graduate courses on assigning probabilities to decision...

“The 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.” – Susan Mogensen, Brown Dog Consulting

It’s not a surprise that, as a general rule, board directors have healthy egos. After all, they’re most often selected from among the ranks of successful business people, entrepreneurs, professionals, and academics....

Sometimes I hear from board directors who are struggling to find their voice in the boardroom. They don’t feel comfortable speaking up, or they can’t seem to make themselves heard.

It can be a particular challenge for newcomers to the board, or for those who feel outnumbered by virtue of their gender, age, race, etc.

If you don’t feel comfortable speaking up in the boardroom, you’ll end up feeling less engaged – maybe frustrated and resentful. Not only is that...

Most of us like to think we’re self-aware – that we see ourselves clearly. Apparently, most of us are wrong. Research shows that only 10 to 15 percent of us fit the criteria for self-awareness.

Why does it matter? For board directors, self-awareness is an important attribute because when we see ourselves clearly, we can be more effective in the role.

For the Institute of Corporate Directors (ICD), self-awareness ranks along with effective judgment and integrity as one of the...

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 isn’t about criticizing. It’s about how you approach problems, issues, and arguments. It’s about asking questions like ‘Why?’ or ‘How?’ or ‘What happens if?’ It’s about objectivity, having an open mind, and relying on evidence to understand what’s...

What should you do when trust has been damaged between you and other board members? Is there a way to recover? Are there differences in how men and women cultivate influence? What adjustments are needed if the board meeting is virtual? And what ethical considerations crop up when it comes to influence between meetings?

We left some of these questions unanswered in last week’s edition of The Savvy Director, ‘Cultivating Your Influence in the Boardroom.’ No worries -...

Having influence in the boardroom gives you the ability to change hearts, minds, and behavior. It’s about using your words to share an idea or to move other people toward a position that you support. Make no mistake, being able to influence people is a difficult challenge that all leaders face.

And, as a member of a board of directors, you are one of those leaders.

In this context, we’re talking about the ability to influence your peers around the board table. If you’re new...

One of the first things to happen at every board meeting is the approval of the minutes of the previous meeting. Until that happens, the minutes are still considered a draft.

It’s an important step, even though it might just take a few seconds. That’s because minutes are the official record of what happened at the previous board meeting – who was there, what decisions were made, and what actions were planned.

What exactly should you be looking for in the minutes before you...

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. It’s more than just a list of dates and times. It’s 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...

Our too-short summer is drawing to a close, and, with that, DirectorPrep’s hiatus from weekly blog production has ended. Fortunately, the news cycle has brought us the gift of content.

Hockey Canada is the governing body of Canada’s most beloved sport - a non-profit organization with a board of volunteer directors. But don’t kid yourself – this is big business. And now it’s in hot water and its board is under public scrutiny. That makes it fodder for our third...