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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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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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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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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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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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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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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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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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