Board of Directors blogs focus on how to become a productive board member and setting governance priorities and best practices. They also address issues that are specific to employee stock ownership plans (“ESOP”)-owned businesses, as well as other topics relevant for the board of director generally.
Good governance is when the board is genuinely engaged in the bigger objectives of Digital business transformation the company, and able to function in the world or market where the company would like to make an impact. It also means the board is supported in speaking up when they observe problems and is coachable. It is a clear structure that balances power. However, it doesn’t always work.
Many people who sit on boards are bored and disengaged. This could be due to a lack in enthusiasm, the culture of their organization or their own personalities. Some board members don’t know what their job is. Others are aware they’re not performing at the top of their game.
This article is directed at the second group of people who have been offered or are taking seats on governance boards and have a difficult time being productive and engaging. It’s not a knock-down on Johns and Daves this is directly related to the process to get board posts (and other C-level roles). The article offers a few foundational elements for changing the game. Diverse thought is typically achieved through different genders, ages, and ethnicity, upbringing context, and experiences.
