banner
redline

What Drives a Strong Culture & Effective Board?
The recently released Global Board Culture Report conducted by Russell Reynolds Associates reveals key behaviors that contribute to and create a high-performing culture that will drive board effectiveness. Derived from interviews with 369 directors in multiples countries, the study focused solely on culture and not on board mechanics or processes. It showed that the five most important behaviors that define an effective board member include: possessing the courage to do the right thing for the right reasons; asking the right questions; having sound judgment; constructively challenging leadership when appropriate; and possessing an independent perspective and the ability to avoid group think.

The survey also revealed that only the most effective and well-led boards are the ones that can incorporate the desired individual behaviors into how the board actually operates. “Many boards fall into a culture,” said consultant Jack O’Kelley. “But few of them try to actively set a culture.” In order to do so, analysts suggest that boards consider the following actions: One, undertake a board effectiveness assessment review. Two, review the roles, skills and attributes of board leaders and pay particularly close attention to specific behaviors identified as optimal for board chairs. Three, make sure that the strategy development process is taking a long-term perspective, and that the board adequately reviews and challenges the strategy to maintain accountability. Four, review the succession planning process and identify the board’s role in the development of top talent. Finally, review board composition against the emerging strategy and key board behaviors.
Hunt Scanlon Media (10/26/16) Scanlon, S.; Zupsansky, D.; Shapiro, A.
SOURCE     Facebook  LinkedIn  Twitter  Send to a Friend




 
NOVEMBER/DECEMBER 2016 EDITION
redline
redline

subscribe button
feedback button
spacer
Board Forward is published 10 times a year by SmithBucklin, the association management and services company more organizations turn to than any other. SmithBucklin has served volunteer board members for more than 60 years.

logo

 
Copyright © 2017 SmithBucklin. All Rights Reserved. www.smithbucklin.com