Welcome to The Savvy Directorâą blog, a place to engage on board governance topics as you travel the path to being a savvy director.Â
If you're interested in upping your game at the board table, no matter the size of your board or the type of organization you serve, subscribe below to receive a weekly link right in your email inbox.
Â
Your board work should be an enjoyable experience, especially if you like dealing with interesting, complex issues where the best way forward is often difficult to discern. At their best, your board meetings should be intellectually stimulating, engaging, and rewarding â a place where you have the opportunity to exchange views with people you respect and dig down into all sorts of fascinating data.
Then why are so many board meetings boring? And why are so many board directors frustrated, di...
âThe paradox of board leadership is that, while you might earn a seat on a board of directors thanks to your abilities, knowledge, or popularity, serving well as a board member means leaving your ego behind.â â Susan Mogensen, Brown Dog Consulting
Itâs not a surprise that, as a general rule, board directors have healthy egos. After all, theyâre most often selected from among the ranks of successful business people, entrepreneurs, professionals, and academics. Each one brings their own exp...
Sometimes I hear from board directors who are struggling to find their voice in the boardroom. They donât feel comfortable speaking up, or they canât seem to make themselves heard.
It can be a particular challenge for newcomers to the board, or for those who feel outnumbered by virtue of their gender, age, race, etc.
If you donât feel comfortable speaking up in the boardroom, youâll end up feeling less engaged â maybe frustrated and resentful. Not only is that hard on you, but that kind of s...
Most of us like to think weâre self-aware â that we see ourselves clearly. Apparently, most of us are wrong. Research shows that only 10 to 15 percent of us fit the criteria for self-awareness.
Why does it matter? For board directors, self-awareness is an important attribute because when we see ourselves clearly, we can be more effective in the role.
For the Institute of Corporate Directors (ICD), self-awareness ranks along with effective judgment and integrity as one of the âpersonal style...
Critical thinking is a key skill for board directors. But does that mean a director is expected to be constantly negative, cynical, and hyper-critical?
Not at all.
Critical thinking isnât about criticizing. Itâs about how you approach problems, issues, and arguments. Itâs about asking questions like âWhy?â or âHow?â or âWhat happens if?â Itâs about objectivity, having an open mind, and relying on evidence to understand whatâs really going on.
And when your understanding is deeper, your co...
One of the first things to happen at every board meeting is the approval of the minutes of the previous meeting. Until that happens, the minutes are still considered a draft.
Itâs an important step, even though it might just take a few seconds. Thatâs because minutes are the official record of what happened at the previous board meeting â who was there, what decisions were made, and what actions were planned.
What exactly should you be looking for in the minutes before you vote to approve th...
Our too-short summer is drawing to a close, and, with that, DirectorPrepâs hiatus from weekly blog production has ended. Fortunately, the news cycle has brought us the gift of content.
Hockey Canada is the governing body of Canadaâs most beloved sport - a non-profit organization with a board of volunteer directors. But donât kid yourself â this is big business. And now itâs in hot water and its board is under public scrutiny. That makes it fodder for our third installment of âGovernance in t...
You may find the term âbusiness modelâ thrown around in the boardroom.
In this Savvy Director article, weâll explore what it means, how it differs from strategy, and what the boardâs role is, and what directors need to know to fulfill their role with respect to the organizationâs business model.
And if the board you serve is in the non-profit sector, not to worry. Thereâs plenty here for you as well.
Â
The term business model is one of those things people recogn...
This is the last in a series of four Savvy Director articles dealing with various aspects of board and director evaluation. The first two articles in the series, âFrom Compliance to Improvementâ and âFrom Evaluation to Action,â explored the board evaluation process, and the third, âEvaluating the Individual Director,â dealt with director self-assessments and peer evaluations.
When it comes to the board of directors, board meetings are where pretty much everything that matters gets done â idea...
This is the third in a series of four Savvy Director articles dealing with various aspects of board and director evaluation. The first two articles in the series, âFrom Compliance to Improvementâ and âFrom Evaluation to Action,â explored the board evaluation process. The fourth will deal with meeting evaluations.
Weâve spent the last two Savvy Director articles delving into the process of evaluating the board of directors â looking at areas such as governance, performance, oversight, dynamics...
Stay connected with our weekly posts about what it takes to be a savvy board director