Tip #18 Sharpen Your Board Focus with the Three V's
Does your board spend most of its meeting time and energy on the really important governance issues? Unfortunately, many board members are unable to answer this question in the affirmative. Recently I read
Tip #17 Three Tips for Efficiently Managing Board Meeting Time
Board members’ time is valuable and available board meeting time very limited. Hence, it’s critically important to manage board meeting time as efficiently as possible. For this purpose, I would like
Tip #16 Should the Board Trust the CEO
The simple answer: Trust the CEO? - Yes, ideally when you can, but verify regardless of trust. Yes, of course, trust can be quite valuable. Trust grows as people share the “good” as well
Tip #15 Board Self-Assessment Tool
An important governance practice for boards committed to ongoing board performance improvement is a periodic comprehensive board self-assessment. Governance experts recommend such an assessment about every
Tip #14 Recognize Positive Performance of the Chief Executive and Take Corrective Action When Indicated
In our last Tip for Effective Boards, we focused on the sixth principle for effective board delegation to management: track and evaluate the performance of the chief executive in relation to the board’s
Tip #13 Track and Evaluate the Performance of the Chief Executive in relation to the Board's Stated Expectations
Assuming that the board has clearly stated its expectations for the performance of the chief executive (effective delegation principle 3), has clearly delineated the scope of authority and discretion being delegated to
Tip #12 Empower the Chief Executive to Make Decisions within the Defined Delegated Scope of Authority
In the last four Tips for Effective Boards, we focused on the first four principles for effective board delegation to management: 1) be clear about the recipient of this delegation, 2) be clear about the source of
Tip #11 Clearly Delineate the Scope of Authority and Discretion Being Delegated to the Chief Executive
In the last three Tips for Effective Boards, we focused on the first three principles for effective board delegation to management: 1) be clear about the recipient of this delegation, 2) be clear about the source