Board dynamics

Insights from practitioners

In conversations with Chairs and CEOs from across the private, public and third sectors, a number of clear themes are emerging on HOW TO create and sustain effective Board dynamics in tough times. The insights fall into three key areas:

Develop effective connections:

Meet Directors on a 1:1 basis between formal events to build relationships based on a real understanding of each individual’s strengths and ability to contribute to Board discussions.

Identify how each Director operates, the way they prefer to engage and the format in which they can digest information to inform their decision making.

Check out assumptions to make sure they are well founded. Don’t fall into the trap of ascribing views to individuals based on your own perceptions.

Create continuous dialogue:

Tell the whole story to everyone, not partial stories to different audiences. They are all instantly connected and will know.

Tell the truth. It builds confidence and trust, which will create resilience in tough times.

Listen to insights and challenges, particularly from stakeholders who hold different views.

Build understanding of context:

Focus the Board on strategic discussions and avoid tactical game playing, however satisfying for individual egos.

Develop the big picture but ensure that operational reality checks also occur.

Ensure that there is collective understanding of risk appetite and that it informs your discussions.

And the final message from practitioners:

“Don’t try and bounce the Board!”