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Episodes
Continuous Strategy Review
The key to staying relevant: Ongoing strategic planning.
Strategic planning is an ongoing process that should be regularly reviewed and updated.
It should be discussed at board meetings and involve input from staff...
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Strategy Creates Future
Making a difference: The purpose of strategy.
Strategy is about creating the future and making a difference, not just an exercise.
It involves considering possible futures and continually working towards them with...
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Vision Statement: Driving Force
The power of purpose: Your Vision Statement as a guide.
A vision statement helps to guide future planning by considering what the desired future outcome is and what needs to be done to achieve it.
Scenario planning...
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Anticipating Change and Adapting
What's on the horizon?
Forecasting the strategic issues that will impact your organisation.
Envisioning the future: Key insights from senior executives and stakeholders.
Every few months, bring in executives or...
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Focus on Key Strategies
Focus on the few: The power of prioritizing key strategies.
Strategic planning should focus on 2-4 key strategies, rather than trying to address too many at once.
These key strategies should help drive the company...
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Avoiding Wish List Strategic Plans
Accountability is Key: Make your Strategic Plan a plan, not a list.
The strategic plan is a key accountability document for the board and should include time frames, outcome measures, scope, time frames, project...
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Maximizing Report Impact
From information overload to strategic insights: Transforming board reports.
Maximizing the effectiveness of board discussions through strategic focus.
The board agenda should include a heading on each report for...
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Charting Success: Board Commitments
Setting the Standard: Our Board's Commitments for the Coming Year.
Transparency is Key: Let directors know what's expected of them.
Provide a table outlining expected commitments for new directors as part of their...
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Key Ratios and Board Reporting
Board reporting: Going beyond pretty charts and graphs.
Translating ratios into actionable insights for directors ratios can be useful for understanding financial performance, but it's important to know the acceptable...
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Why Every Board Needs a Workplan
Effective Governance: The Key Role of a Board Workplan
Having a board work plan or calendar allows directors to better prepare for meetings and helps ensure that the board is constantly discussing important...
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Clarify Agenda Items Ahead
Get Clarification Before the Meeting
A Smart Strategy for Directors.
Petitioning the Chair: A Way for Directors to Influence the Agenda
The Chair and CEO can hold pre-board meetings with directors to clarify agenda...
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Clarification technique shortens Board meetings
Eliminate unnecessary board meeting questions with this technique.
Having a pre-board meeting for directors to clarify questions can save time in the actual board meeting and improve efficiency.
For more go...
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