Boring to Brilliant
Steve Gaskell
High-Performance Business & Executive Coach | Unlocking Potential in Leaders and Teams | Scalability & Organisational Health Specialist | L&D | Author & The Challenge Coach
From Boring to Brilliant
Reimagining the Modern Boardroom Experience
Insight for your operations board, board of directors or the C-Suite.
How excited, engaged and emotive are you about attending your board meetings? Do they truly ignite your passion, give you purpose and evoke fear and excitement towards your responsibility and the part you play in the organisation?
The Key to a High-Performing Board Lies in Organisational Health, Engaging Purpose, and Lasting Legacy
In today's rapidly evolving business landscape, the modern boardroom has become a pivotal space for driving organisational success. Yet, despite the critical role played by boards, many organisations continue to experience dull and uninspiring boardroom experiences, leading to suboptimal results, poor engagement and a lack of commitment. It's time to reimagine the boardroom experience by focusing on three essential elements: organisational health, engaging purpose, and a lasting legacy.
Organisational Health
Organisational health is the foundation of a high-performing board. It encompasses the overall well-being of an organisation, its culture, and its ability to adapt and thrive in a constantly changing environment. Board members play a crucial role in cultivating and maintaining a healthy organisation, and often the performance of the board can be a lens through which the entire organisation can be viewed.
What is organisational health?
Organisational health refers to the overall well-being and effectiveness of an organisation, encompassing aspects such as its culture, processes, and ability to adapt and thrive in a constantly changing environment. A healthy organisation typically exhibits strong leadership, clear communication, high levels of employee engagement, a positive and inclusive culture, and a focus on continuous improvement. Organisational health is crucial for long-term success. It enables an organisation to achieve its goals, maintain a competitive edge, and create a fulfilling and productive work environment for its employees.
Never leave the unsaid unsaid!
Effective communication is a significant contributing factor. Transparent and open communication within the boardroom is vital for creating an environment of trust and fostering a culture of collaboration. Board members should prioritise active listening, sharing their thoughts and ideas, and providing constructive feedback to encourage a culture of continuous improvement.
Sadly all too often what needs to be said around the boardroom table is often discussed later at the water cooler. A boardroom should pride itself on having tough and engaging conversations around the table, never leaving the unsaid unsaid. Board members, whilst having individual responsibilities, should recognise their obligation to the entire organisation and feel empowered to contribute within any area of the business, not just their area of responsibility and expertise.
A high-performing board requires cohesive leadership, where board members are aligned on the organisation's mission, vision, and values. This alignment fosters a united front, leading to better decision-making and long-term success. If the leadership team (the Board) haven't internalised the vision, mission and culture (at a minimum) then how can the wider team be expected to?
Interestingly cohesion doesn't mean harmony, but it does mean alignment. It may be that a board member doesn't agree with the wider consensus of the board, nonetheless, they are 100% aligned and supportive of the decision and put their prejudices to the back in order to fully support the board's direction. It may be a board member changing their mind around the table, but that's ok. It may be a topic that requires deep exploration before a decision can be made, that's a healthy debate. These are just some of the examples of cohesive leadership.
High levels of accountability are also required and regular assessment and evaluation are key. To ensure the ongoing health of an organisation, boards should regularly assess and evaluate their performance, as well as the performance of management. This process allows boards to identify areas of improvement and implement necessary changes, promoting organisational growth and stability.
Essentially being results-focused and driven as a board and individually. Once again this is a personal attribute encouraged around the table, not just to answer the chair. High levels of personal and team accountability should be expected.
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Engaging Purpose
A board that lacks a clear and engaging purpose may struggle to enrol and inspire its members, leading to a lacklustre boardroom experience. To create an engaging boardroom environment, boards must define and clearly communicate a clear and inspiring purpose to the remainder of the organisation. The board has to be aligned with the purpose and board members must be empowered to deliver on the purpose outside of the board.
Over-communicate Purpose
The Boards should establish a compelling purpose that reflects the organisation's core values and guides its strategic direction. This purpose should be communicated clearly and consistently to all board members and stakeholders, helping to create a sense of shared ownership and commitment.
A board's composition plays a significant role in its ability to fulfil its purpose. The Board should comprise of individuals with diverse skills, backgrounds, and perspectives that align with the organisation's purpose, promoting a comprehensive understanding of the issues at hand and fostering creative problem-solving. (see Cognitive Diversity Around the Board)
The Boards should empower their members by providing them with the resources and support needed to fulfil their roles effectively. This includes offering ongoing education and training, promoting a culture of continuous learning, and encouraging board members to engage with the organisation's broader community.
Lasting Legacy
Creating a lasting legacy is an essential component of a successful boardroom experience. A board's legacy is a reflection of its impact on the organisation and its stakeholders, both in the short term and long term. Essentially board members are the current caretakers of the organisation's legacy and they should focus accordingly.
Focus on long-term value creation should always factor in the board's long-term strategy. It should in principle be prioritised over short-term gains. This involves adopting a long-term perspective when making strategic decisions, assessing the potential risks and opportunities associated with various initiatives, and considering the impact on stakeholders and the broader community.
A board's legacy is closely linked to the ethical and sustainable practices it champions. Boards should prioritise social and environmental responsibility, striving to create positive change both within the organisation and in the broader community. In today's environment, this has never been more important.
A board's ability to adapt and evolve is essential to its long-term success. Boards should foster a culture of innovation and adaptability, encouraging board members to think creatively, challenge the status quo, and embrace change as an opportunity for growth.
A lasting legacy is also built on a foundation of strong leadership. Boards should prioritise the development of future leaders within the organisation, investing in leadership training and mentorship programs to cultivate a pipeline of talent that will carry the organisation forward.
It's important for a board to also recognise that lasting legacies are a measurement of their impact and should be celebrated. This involves setting clear objectives and key performance indicators, tracking progress against these goals, and acknowledging and rewarding accomplishments, both at the board level and throughout the organisation.
It's Never Been More Important...
Transforming the modern boardroom experience from boring to brilliant requires a shift in focus towards organisational health, engaging purpose, and a lasting legacy. By prioritising effective communication, cohesive leadership, and regular assessment, boards can create a strong foundation for organisational success.
Moreover, by defining a clear purpose, aligning board composition with that purpose, and empowering board members, boards can create a more engaging and inspiring boardroom environment.
Finally, by focusing on long-term value creation, ethical and sustainable practices, innovation, and developing future leaders, boards can leave a lasting legacy that contributes to the continued success of the organisation.
By embracing these principles, boards can reimagine the boardroom experience, creating a dynamic, collaborative, and impactful environment that drives organisational success and leaves a lasting, positive legacy. If you would like to explore how this might impact your board get in touch.