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Episodes
Unpacking Vision for Strategy
Why Your Vision Statement Needs to Go Beyond Just Words
The most effective way to reach agreement on a vision and purpose is not to focus on specific words, but rather on the guidance and strategic conversations it...
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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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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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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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Strategic Planning Sequence Explained
Don't get lost in the details: The importance of keeping your strategic planning simple.
Strategic planning follows a sequence to identify key strategies that align with an organisation's vision, scenario planning and...
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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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Who Owns the Agenda?
Avoiding Micromanagement and Rabbit Holes: The Role of Board Agendas.
The chair of the board owns the agenda and controls the conversation at meetings, but should involve directors in determining what should be...
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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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Keep your Directors focused
Transform your board meetings with a focused agenda.
The purpose of a board agenda is to keep directors focused on making important decisions that will shape the future for the communities they serve.
It helps to...
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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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