Building An Effective Board Of Directors
Creating an efficient board of directors is a fundamental step for any organisation. A board's effectiveness is determined not only by the individual skills and capabilities of its members but by how well they work together to steer the organisation towards its objectives. Pivotal to success is the need for a range of different perspectives, experiences, and areas of expertise, encouraging robust and healthy debate on strategic decisions while ensuring each member shares the same vision for the company.
Firstly, recruitment should be done meticulously, seeking individuals who bring a wealth of knowledge, expertise, and diversity to the table. However, building an effective board doesn't end at recruitment; it requires constant development and evaluation. Training should be provided to directors to ensure they understand their roles, responsibilities, and legal obligations. Via regular board evaluations, strengths and weaknesses can be identified and addressed. It is also vital to ensure open, honest communication and foster a positive culture that facilitates constructive discussions. Ultimately, an effective board of directors can make the difference between an organisation merely surviving or thriving.
In our thought provoking Board Evaluation paper, you’ll discover:
✓ Why a Board evaluation is critical to the performance of an organisation.
✓ What are the core elements that make up the scope of an effective Board evaluation.
✓ A powerful approach that will build commitment to drive action within your organisation.
We help your Board get under the skin of what steps they need to take to provide maximum value to the business.
Our approach builds commitment and ownership, is relevant to the needs of your organisation and is inclusive, giving a voice to all Board members and key stakeholders.
The Mightywaters Team
The Mightywaters Team has considerable experience in working with Boards. They developed the GIFT® framework through understanding the areas that drive Board effectiveness. They work across sectors and different governance codes, and often with organisations with unusual or complex shareholding / stakeholder arrangements.
Anna Withers
Founder and Director
Anna focuses on the psychology and neuroscience of work, providing specialist expertise in one-to-one coaching, counselling and conflict resolution, and in the use and interpretation of psychometric tools. She has a particular interest in decision making and in helping individuals and teams make better decisions.
Mark Withers
Founder and Director
Mark brings nearly four decades of business experience and works at the most senior organisational levels, helping leaders tackle their tough people and organisational challenges. He is also a highly skilled facilitator who is able to create environments that enable groups and teams of all sizes to collaborate, innovate, create and decide more effectively.
Does your Board have untapped potential?
Withers, A. (2019). Does your Board have untapped potential?. Ethical Boardroom, Autumn Issue.
A board effectiveness evaluation that gets under the skin of what’s working well and what’s getting in the way of peak performance is the perfect vehicle to help boards unlock this potential. But what does an effective board evaluation look like? Read Anna’s article published in Ethical Boardroom and find out why and how to conduct a board evaluation and the conditions for success.
