Welcome to The Savvy Director⢠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.
For the modern board director, using AI to help prepare for board meetings allows you to do two things at once.
First, youâll increase your comfort level with generative AI. Experts advise board directors to increase their awareness and knowledge of AI. One way to start is to get hands-on with an AI tool that suits your own purposes.
Second, you can turbo charge your meeting PREP, making the whole process faster, easier, and more robust.
Â
Modern directors ne...
I like the metaphor of âgetting in gearâ to refer to the topic of board engagement. Itâs a familiar phrase that means âstarting to deal with something in an effective way.â When a board of directors gets in gear, it starts to deal with the issues and concerns in front of it in an effective way. In other words, it makes an impact.Â
To stretch the metaphor just a bit further, letâs think of individual directors as the gears. When directors are appropriately engaged, they work together to change...
Is asking âwhy?â a good question for the boardroom?
A "why" question can work well during a board meeting because it can help clarify the reasoning behind decisions or actions that the organization has taken. A "why" question can also help uncover potential issues or challenges that may need to be addressed. However, itâs important to frame a âwhyâ question in a constructive way to avoid appearing confrontational.
In the heat of the moment, framing a question carefully is easier said than do...
If your board is typical, thereâs time set aside in the board calendar to discuss strategy â at least I hope there is! Usually, thereâs an offsite strategic planning session every few years, maybe an annual board retreat that includes a strategy update, and hopefully there is time allocated on most meeting agendas to check in on progress against the strategic plan.
Over the years Iâve participated in quite a few strategic planning sessions. The board and senior management get together to deci...
When we join a board, whether or not we have prior experience as a director, we all hope to âhit the ground running.'
We want to make a difference sooner rather than later.
And our boards share that wish. They want to set up their new directors for success â feeling comfortable and able to make a contribution early on. Thatâs why many boards hold an orientation session â a few hours devoted to helping new directors get on their feet.
I set out to find out what a new director can do to ensur...
A week or so before a board meeting, savvy directors start their PREP work to make sure theyâll be ready to take an active part in the meeting and add real value to the boardâs discussions. Part of their PREP work is compiling a list of potential questions to ask â the kind of great questions that get to the heart of issues and help the board move forward.
The management team is probably thinking about questions too. What questions might they have for board members that will help draw out th...
In the last couple of weeks, DirectorPrep has released ChatDPQâ˘, our brand new AI-powered resource, custom-designed for board directors like you and me. Itâs a tool that provides easy, time-saving access to high-quality insights on anything to do with boards and board work. ChatDPQ replaces the DirectorPrep Questions App (DQA) and, just like the DQA, itâs available exclusively to DirectorPrep members.
I learned from DirectorPrep co-founder Dave Jaworski that ChatDPQ is built around Microsoftâ...
Does it sometimes feel as though you hear from the same few directors at every board meeting? What about all the others? Why do they stay silent? And more importantly, what can be done about it?
These days, many boards are consciously pursuing more diversity around the board table. The benefits include exposure to a variety of viewpoints, a range of experiences to draw on, and greater insight into stakeholdersâ concerns and perspectives. But board diversity wonât deliver on its promise unles...
Â
Accurate thinking is a process that helps us differentiate between relevant and irrelevant facts. Itâs an important skill to have whether weâre reviewing board materials, presentations, books, newspapers, or even when watching our favorite political news television channel.
The phrase was coined by success guru Napoleon Hill in the 1930âs. Iâm endlessly fascinated by the influence of Hillâs 17 Principles of Personal Achievement that have been read in multiple languages and adapted by thousan...
Stay connected with our weekly posts about what it takes to be a savvy board director