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Episodes
Strategy Dictates Budget
Budget should follow strategy, not the other way around.
Strategy should not be limited by budget, but rather the budget should be set based on the chosen strategy.
It is important to consider alternative ways of...
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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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Operating Plan Activates Strategy
Mastering the art of strategy: Three key elements for success.
There are three important elements in a long-term strategy: a vision or purpose, a strategic plan, and an operating plan.
The board is responsible for the...
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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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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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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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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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Planning for strategic conversations
Elevate Your Annual Strategic Conversations with a Comprehensive Board Workplan.
A board work plan helps directors and senior executives plan strategic conversations, allowing them to consider the future of the...
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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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Remind Directors of Purpose
Mission moments: Showcasing the difference your organisation makes.
Rabbit holes and murky conversations: Using your Vision to guide behavior.
Having a clear Vision Statement and a mission moment at the top of the...
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Time-Saving Tool: Consent Agenda
Maximize meeting productivity and streamline decision making with a Consent Agenda.
The Consent Agenda is a technique that separates papers for decision making, discussion, and information only.
Items worthy of...
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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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