Frederik Otto’s Post

If I had a nickel for every time I heard a client say something like: "I have 23 bosses; how am I supposed to navigate that?” As a CEO, it’s easy to believe that you have many bosses because you are one employee of the board. But CEOs and board chairs must help their boards understand that they're meant to govern as one body, not individually. Easier said than done? We've rounded up 7 simple (but effective) strategies to get your board governing like a well-oiled machine.

There’s still time to secure your spot at From Deck to Deliverable! Join us on October 17th to hear best practices from industry leaders and level up your strategy execution game. Get all the details here ➡️ https://lnkd.in/enbn2uYg #greencastleconsulting #strategyexecution #changemanagement #consulting

Just finished the course “Measure What Matters: Succeeding with Objectives and Key Results (OKRs)” by Measure What Matters, John Doerr, and Ryan Panchadsaram

Just finished Executive Decision-Making! Check it out: https://lnkd.in/g5Q4eGdV

Just finished Executive Decision-Making! Check it out: https://lnkd.in/dEG4wUrG #executivedecisionmaking

Just finished Executive Decision-Making! Check it out: https://lnkd.in/dp5Ng7Xs #executivedecisionmaking

“Effective oversight, and keeping pace with regulatory changes and technological breakthroughs, require that a board be able to make informed, considered decisions that draw on the full range of views and experience. And that means that boards should examine their own culture — whether they’re succeeding in productively tapping into their own wealth of expertise to raise the right questions. Many directors assume that if everyone seems to be getting along and meetings are free of open hostility, the board culture is good enough. But an absence of disagreement doesn’t necessarily indicate peak performance.” Learn more: https://lnkd.in/gKEGPJ78

Board composition is crucial. Some founders wait to incorporate independent directors, but this oversight means missing out on the benefits of diverse perspectives and guidance from the early stages. We advocate for the early introduction of independent directors and the prioritization of board diversity, which improves decision-making, and elevates your board from the outset. We offer actionable guidelines for embracing independent directors from varied backgrounds. Ready to get started? Check out the link in the comments! #boarddiversity #corporategovernance

I've had the privilege of speaking to many CEO's and business leaders as of late, and a common theme that comes up in our conversations is overwhelm at the top. If this is you, I'd love to talk to you about my invite-only peer advisory group!

A helpful new article from Directors & Boards.