Klaudia Gorczyca’s Post

Only 32% of the financial services leaders we surveyed expressed confidence in their organization's ability to withstand market volatility. Hear more about the concerns and sentiment of FS leaders globally #executivesearch #financialservices #leadership

Leaders in financial services are feeling significantly more positive than their peers in other industries. Our 2024 executive pulse survey results highlight FS leaders feel double the confidence in their executive committees and nearly triple the assurance in their organization’s ability to withstand volatility compared to their counterparts in other sectors.

Leaders in financial services are feeling significantly more positive than their peers in other industries. Our 2024 executive pulse survey results highlight FS leaders feel double the confidence in their executive committees and nearly triple the assurance in their organization’s ability to withstand volatility compared to their counterparts in other sectors.

Executive Committees are the linchpin in corporate decision-making. Having had the opportunity to assist multiple ExComs across KSA, I've gained invaluable insights into their essential role and the distinct support they need. At Artevis Consulting, we're dedicated to enhancing these committees' effectiveness, providing them with tailored advisory services to navigate the challenges and opportunities in today's fast-evolving business environment. #ExecutiveCommittee #StrategicLeadership #ArtevisConsulting #SaudiBusiness #CorporateGovernance

🤝 5 Moments That Make or Break a CEO-Board Chair Relationship 💼 The CEO-Board Chair relationship is pivotal to an organization's success. Here are five key moments that can either strengthen or strain this critical partnership: 1. During a Crisis: Whether it’s a financial downturn or a PR disaster, how the CEO and Board Chair navigate crises together can set the tone for their relationship. Clear communication and trust are essential. ⚠️ 2. Setting Strategic Direction: Misalignment on vision and strategy can create friction. It’s crucial for the CEO and Board Chair to collaborate closely on defining and executing the organization’s long-term goals. 🎯 3. Handling Performance Reviews: Honest, constructive feedback—both ways—helps build mutual respect. A misstep in performance evaluations or unrealistic expectations can erode trust. 📊 4. Navigating Leadership Transitions: When it’s time for leadership changes, whether in the C-suite or within the board, managing the transition smoothly is a make-or-break moment for the CEO-Board Chair dynamic. 🔄 5. Managing Stakeholder Expectations: Balancing the needs and opinions of shareholders, employees, and the public requires a united front. Disagreements or public misalignment can severely damage credibility and trust. 🌐 By navigating these moments with transparency, respect, and shared goals, CEOs and Board Chairs can build a partnership that drives the organization forward. #Leadership #CEO #BoardChair #ExecutiveLeadership #Governance #Collaboration #StrategicAlignment #CrisisManagement #BusinessSuccess

Skyridge Executive Search is currently helping a DEX build their advisory board. It's been a fascinating and eye-opening experience so far. FWIW, here are some insights on building a world-class advisory board! 🌟 1️⃣ Establish a guiding mission: Define your organization's goals and objectives clearly. What specific expertise or guidance are you seeking from your advisory board? Articulating this purpose not only attracts the right talent but also aligns efforts towards tangible outcomes. 2️⃣ Fostering Meaningful Connections: Foster connections beyond mere transactions. Invest time in understanding each advisory board member's background, interests, and motivations. Genuine relationships built on trust and mutual respect lay the foundation for impactful collaboration. 3️⃣ Be a Leader and Lead! : As the captain of the ship, it's crucial to steer the advisory board towards success. Set the tone by embodying leadership qualities such as transparency, decisiveness, and inclusivity. Inspire and empower board members to contribute their best while ensuring alignment with the organization's vision. 4️⃣ Align Compensation with Outcomes: Aligning compensation with performance is paramount. By offering incentives tied to specific contributions and outcomes, we not only acknowledge the invaluable expertise and guidance provided by the board members but also ensure their efforts directly impact organizational success. A world-class advisory board isn't just about assembling impressive resumes; it's about curating a diverse group of thought leaders who bring unique perspectives and are committed to driving real outcomes. Need help with your board? DM me with any questions you may have. #Leadership #AdvisoryBoard #BusinessStrategy #RelationshipBuilding #Teamwork #executiverecruiting

What’s the biggest factor for an effective board chair-CEO relationship? It’s not the chair’s knowledge of the business or quality of advice. Nor is it goal alignment, KPIs or board processes. It’s trust! This research focuses on the 5 most critical moments that can build - or destroy - trust between the chair and CEO.

The qualities that make CEOs look good to boards often have little to do with what actually makes them successful in the role - here are four things that set successful CEOs apart: https://ow.ly/zcVV50QRHiB #executivecoaching #csuite #leadershipcoach

'Why do Boards Matter?' Often, during discussions the question gets repeated - "Why do Boards matter?" Well, they matter because in many ways, they are the unsung heroes of corporate success. Imagine a world-class orchestra without a conductor. That's a company without a Board. The role of a Board is often misunderstood, relegated to mere oversight. But it's so much more. In recent volatile market situations, where disruption is the only constant, the importance of a Board cannot be overstated. They are not just overseers; they are the architects of sustainable growth, ensuring the company's long-term vision aligns with its daily operations. A study by McKinsey found that companies with active, engaged Boards outperform their peers across multiple metrics. Why? Because Boards matter. They bring a wealth of experience, diverse perspectives, and a level of scrutiny that challenges the status quo, driving innovation and resilience. Yet, the power of a Board extends beyond strategic guidance and governance. They are the moral compass of a company, setting the tone for ethical conduct and corporate responsibility. In an era where consumers demand transparency and integrity, the role of the Board in upholding these values is paramount. Furthermore, Boards play a critical role in leadership development. They identify and nurture future leaders, ensuring a company's legacy through thoughtful succession planning. This often overlooked aspect of a Board's responsibility is crucial for long-term success and stability. But here's the kicker: The composition of a Board can make or break its effectiveness. Diversity in thought, experience, and background is not just a nice-to-have; it's a must-have. Diverse Boards are more innovative, better at risk management, and more likely to reflect the communities they serve. So, why do Boards matter? Because they are the epitome of corporate governance, strategy, and sustainability. Their impact is profound, influencing not just the companies they serve but the broader economy and society at large. Would love to hear about your experiences? What do you think makes a Board effective? Your insights could illuminate this critical aspect of business for someone else. #board #corporategovernance #corporate #boards #directors #independent directors

I had an insightful session today with seasoned Non-Executive Directors discussing best practices for Board Chairs. We revisited a 2018 HBR paper (https://lnkd.in/e3x-P8Tx) that sheds light on crucial themes such as "board effectiveness being measured in terms of quantitative metrics is a red flag" and "good chairs recognize that they are not first among equals." Do you believe these insights remain relevant today? #BoardChairs #Leadership #CorporateGovernance