A high performing and effective Board is the ultimate driving force behind the delivery of business strategy, so it is paramount to have the right blend of experience and vision at the helm to ensure accomplishment and provide sound governance.
Sound governance drives the success of an organization and the responsibilities of the Board can be extensive. Having the right skill set and experience to match and, where possible, exceed the requirements of the organisation, are a prerequisite to the overall development and accomplishment of the Board.
It is then essential for Board members to work collaboratively and operate as effectively as possible to deliver value to all stakeholders. In practice, however, this is not as straight forward as it sounds, particularly if the dynamics of the Board and the methodology applied to govern, are not consistent. For instance, Board members are frequently at differing stages in their professional careers, perhaps with different motivators and life-stage objectives. We work with all Board members to find ways of ensuring each member can balance these factors and be equally committed to the future vision and perhaps the required levels of financial and emotional investment.
Whilst consistency can be reassuring, a Board should always be guarding against familiarity and complacency. It should ensure that Board members’ skill sets and development are aligned to the ever-changing requirements and demands of the organisation they preside over.
We work with our clients to help them appraise overall Board performance and effectiveness relative to the aims and objectives of the organisation. We offer a tailor-made approach to evaluating, supporting and working closely with those involved. This improves overall performance in accordance with the strategic emphasis and development needs of the Board and leadership teams as required.