From Informed Decisions: Conversations and Q&A with Randall Craig and Ronja Francoeur

From Informed Decisions: Conversations and Q&A
with Randall Craig and
Ronja Francoeur

Board Governance, Board Development

Board Governance, 
Board Development

About this episode: 

When was your last board education day…? Let’s talk about how to build more effective boards with practical thinking on board governance, and best practices.

•  Is your board operating at the highest level?

•  Are you using your board meetings most effectively?

•  Are all board members aware of their fiduciary responsibilities and conflicts of interest?

•  Are you working effectively with your CEO?

•  Are you up-to-date on timely issues, such as cybersecurity, IP protection, and risk?

Topics Discussed (with timestamps)

•  Board governance and board development framing from Randall Craig (01:13)

•  What are the formal avenues that should be in place to allow boards to talk about their governance and discuss their professional development needs? (03:37)

•  Is there greater value in boards learning the same materials and having the same training or is the value of the board in their diversity of experiences and board members should seek out individual learning opportunities? (10:54)

•  How should board members be using AI to prepare for board meetings? (20:10)

•  What are the top components of an effective board meeting information package, including timing and distribution? (26:04)

•  CEO sharing with the board opportunities that have presented themselves, what they are pursuing vs passing on (30:48)

•  The board book / agenda development process and how that impacts board professional development goals. What steps can be taken in the planning phases to nudge the board into being the highest functioning board it can be? (32:18)

•  The Chair of the board and how they got there… (38:33 )

•  What would a 1, 3, and 5 year board professional development plan look like? (40:14)

•  If the board has identified that the CEO is underperforming, what role has the board played in their underperformance? (43:49)

•  When should a board seek out a board consultant? What problems would you turn to a board consultant to solve? (46:14)

•  How can board member compensation be structured to incentivize board performance? (49:20)

•  What traditional siloed metrics should board retire and what systems thinking holistic metrics should they be exchanged with? (54:53)

What people said about this session

What people said about the session

Hiring a Business Growth Speaker:
10 Good Questions to Ask

"Thank you very much! Different perspectives are always super helpful." – Beth Ann Kenny, Executive Director, Health Professional Regulators of Ontario

"Thank you so much! Great discussion. Very helpful." 
– Andrew S.

"Thank you so much! I really learned so much and have some good takeaways." – Chelsey Gordon-Farkosh,  Senior Manager, American Society of Transplant Surgeons

"Thank you! Great thought provoking session." – Hillari Wennerstrom,  Principal Owner, Mosaic AMC LLC

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