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Episodes
Operating Plan Activates Strategy
Mastering the art of strategy: Three key elements for success.
There are three important elements in a long-term strategy: a vision or purpose, a strategic plan, and an operating plan.
The board is responsible for the...
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Strategy Dictates Budget
Budget should follow strategy, not the other way around.
Strategy should not be limited by budget, but rather the budget should be set based on the chosen strategy.
It is important to consider alternative ways of...
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Strategic Planning Sequence Explained
Don't get lost in the details: The importance of keeping your strategic planning simple.
Strategic planning follows a sequence to identify key strategies that align with an organisation's vision, scenario planning and...
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Strategic Planning with Scenarios
Forward thinking: How scenario planning can help your organisation plan for the future.
Scenario planning should be a key part of good strategic planning as it helps organisations to focus on their vision and consider...
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Focus on Key Strategies
Focus on the few: The power of prioritizing key strategies.
Strategic planning should focus on 2-4 key strategies, rather than trying to address too many at once.
These key strategies should help drive the company...
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Unpacking Vision for Strategy
Why Your Vision Statement Needs to Go Beyond Just Words
The most effective way to reach agreement on a vision and purpose is not to focus on specific words, but rather on the guidance and strategic conversations it...
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Who Owns the Agenda?
Avoiding Micromanagement and Rabbit Holes: The Role of Board Agendas.
The chair of the board owns the agenda and controls the conversation at meetings, but should involve directors in determining what should be...
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Clarify Agenda Items Ahead
Get Clarification Before the Meeting
A Smart Strategy for Directors.
Petitioning the Chair: A Way for Directors to Influence the Agenda
The Chair and CEO can hold pre-board meetings with directors to clarify agenda...
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Remind Directors of Purpose
Mission moments: Showcasing the difference your organisation makes.
Rabbit holes and murky conversations: Using your Vision to guide behavior.
Having a clear Vision Statement and a mission moment at the top of the...
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Why Every Board Needs a Workplan
Effective Governance: The Key Role of a Board Workplan
Having a board work plan or calendar allows directors to better prepare for meetings and helps ensure that the board is constantly discussing important...
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Key Ratios and Board Reporting
Board reporting: Going beyond pretty charts and graphs.
Translating ratios into actionable insights for directors ratios can be useful for understanding financial performance, but it's important to know the acceptable...
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Planning for strategic conversations
Elevate Your Annual Strategic Conversations with a Comprehensive Board Workplan.
A board work plan helps directors and senior executives plan strategic conversations, allowing them to consider the future of the...
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