The Club Council’s Post

Does your board have the skills and experience to navigate today's corporate governance challenges? Evaluate their complete skill set so you can achieve strategic wins. https://lnkd.in/eW7dTRva #boardofdirectors #boardmanagement #corporategovernance #corpgov #boardportal #boardsoftware

For anyone who interacts with Boards, there is some very interesting information in here. As far as we know this is the first survey of its kind, and shows interesting areas of alignment and disconnect between Boards and C-Level executives.

Are you still using outdated governance practices? Discover how a modern approach can enhance your board's effectiveness. Here's one example: 👎🏻Traditional Approach: The CEO identifies challenges, seeks input, evaluates potential solutions, and presents recommendations. The board's role is to listen, understand, approve, and oversee implementation. 👍🏻Modern Approach: The board and CEO collaborate to identify issues that are most relevant to the community or to those the organization serves, jointly establish the agenda, and work together to frame and address problems. Transitioning to a more effective board governance model requires investment and the adoption of new governance practices. The DBD Group can guide your board through this process, helping you shift from outdated approaches to a modern, impactful governance structure that benefits your board, your organization, and those you serve. Let’s discuss how we can partner with you. Book a complimentary exploratory session today. https://lnkd.in/dqss4PC3

We are here to steer you and your organization towards the right direction in Corporate Governance and Board Practice. Begin your journey with us by registering for our Board Readiness programme here: https://lnkd.in/gq4EeSya  #boards #boardreadiness #leadershipdevelopment #governanceandboardpractice 

Are your board practices holding you back? Have a conversation with Richard to see how you can make your board more effective.

The Private Company Board has a crucial, often not accomplished, role in guiding enterprise strategy for long-term value creation. Boards are vital in interpreting, challenging, and guiding strategy to ensure sustainable growth and enhance enterprise value. Understanding the responsibilities of the Board in evaluating value creation, assessing effectiveness, and strategically engaging with the CEO is key to driving success. Embrace strategic governance practices to foster sustainable growth and maximize enterprise value. Learn more about this essential topic here: https://lnkd.in/g7AhjCSQ

Managing board dynamics and ensuring effective governance is critical for the overall health of the company. We provide intuitive insights into the interpersonal dynamics of board members, helping to resolve conflicts and align the board with the company’s strategic goals. We also offer guidance on governance practices that can improve decision-making and oversight.

Measuring board effectiveness is vital for optimizing governance and aligning with organizational goals. 📊 Best practices include: 🔹 Clearly Define Objectives and Metrics: Set clear evaluation purposes and desired outcomes, including overall effectiveness and individual contributions. 🔹 Comprehensive Approach: Assess board structure, composition, governance practices, and development using tools like self-evaluations, external evaluations, KPIs, observations, and peer reviews. 🔹 Objectivity: Use independent evaluations or external experts for objectivity. 🔹 Follow Up with Action Plans: Turn findings into actionable steps for improvement. A well-structured board evaluation policy and commitment to continuous improvement are key to measuring effectiveness and leveraging the results. 🚀 #Governance #BoardEffectiveness

Board Evaluations: Setting Objectives Evaluating the performance of a corporate board is a critical governance practice, but all too often these evaluations lack clear objectives and metrics for success. Without well-defined goals, board evaluations risk becoming a mere box-ticking exercise rather than a valuable opportunity for constructive feedback and continuous improvement. In this video, we'll dive into establishing clear, measurable objectives when undertaking a board evaluation process. By aligning the evaluation with the organisation's strategic priorities and articulating specific areas of focus, boards can gain targeted insights to enhance their effectiveness and create lasting value for the organisation and its stakeholders. We'll explore best practices for crafting meaningful objectives, securing buy-in from directors, and leveraging evaluation data to drive positive change. Whether you're a board member, company executive, or governance professional, this video will provide practical guidance on elevating your board evaluation from a compliance obligation to a catalyst for better governance. #corporategovernance #boardofdirectors #trustees #companysecretary #principalofficer #boardevaluations

Learn here about how your organization can have an impact on governance and decision making, develop self-evaluation tools, and create better habits. By implementing governance practices, your organization will be better equipped when challenges arise.