Overview
Most directors sincerely want to have a hand in strategy but aren't sure just how to get in; many CEOs understand the complexities they oversee so well that they despair at the thought of involving their directors in strategy. They have no trouble believing McKinsey that "fewer than 25% of directors know their organization's strategy" and "less than half are knowledgeable about the 4 or 5 key initiatives underway at any given time". Yet with proper grounding, the board's perspective on strategy can be its "defining moment".
We start with the view that the CEO is the chief strategist; the board owns the objectives. We work with leadership to co-create an approach that engages the board around reality-based challenges and choices rather than some theoretical notion of "best practices". We establish the preconditions for meaningful dialog in the interest of appropriately channeling the energies of leadership to building the organization, meeting the market and serving the broader stakeholder community in pursuit of a truly preferred future.
Strategy
Coming Soon
"Volunteer Ownership" was published by the National Association of Corporate Directors in the February 2009 issue of Directors Monthly. Watch for the forthcoming webinar on this reexamination of the role of non-profit boards" www.nacdonline.org
Free Webinar
Join our complimentary 30' webinar on "Defining Moments"...critical decisions made or missed "Where Board and CEO Meet". April 21st at11:00 AM CST.
"Framing a Strategy for Board Development"
Review our article from the October 2005 issue of NACD’s Directors Monthly.