As I shared in my article “Succession Planning: A Strategic Imperative,” proactively and thoughtfully addressing succession planning minimizes chaos when confronted with the unpredictable and the uncontrollable, and it enables a smoother leadership transition for the organization overall. While succession planning for all leaders of the Pivotal Leadership TrioTM (PLT-Board, CEO/Executive Director, Executive Team) needs […]
Diversity Quotas for Boards: What people are saying.
My previous two posts (here and here) offered a bit of an overview of what’s happening around the world with board quotas now. Today I’d like to share some of the insights I received when I conducted polls for both men and women on this subject. In order to get a better sense of the […]
What Makes Great Boards?
Great boards deliver on their core mission of providing strong oversight and strategic support for management’s efforts to create long-term value for the organization. To do so, the members of the board, the directors that are recruited, must be independent thinkers who can collaborate with their peers and provide a value-add with relevant experience and […]
Critical Guidelines for A Strategic Approach to Board Composition (Part 2 of 2)
Just like a football team lays out its strategy for a game, you need to have a total picture of who needs to be around the board table. In my previous post, “Critical Guidelines for A Strategic Approach to Board Composition (Part 1 of 2),” I addressed the reasons behind this and some considerations to […]
Board Composition: Only as Strong as the Weakest Link
“One of the clearest examples of a governance trend is the focus on board composition and performance. Effective oversight of public companies requires boards to collectively possess the skills to exercise their fiduciary responsibilities. And board composition is under pressure to evolve to meet new business challenges and stakeholder expectations. Today’s directors are more focused […]