AI and The Board, a Take-Over or Liberation?
The search for Board Effectiveness is often an elusive one. It is highly specific to the Company, the sector it is in, the business challenges it faces, the Board Chair and the history of the Board, to mention but a few of the contextual factors impacting on a Board’s performance.
Creating a Dynamic and Adept Board Leading a Resilient and Responsive Business
As Boards scan the strategic horizon there are plenty of threats and dilemmas to be faced. The likelihood of one crisis or another impacting on the business is high, with threats from: pandemics, wars, financial crisis, environmental crisis, political turmoil and technological disruption.
Boards need to continue to think long and hard about how they can ensure that their businesses are resilient and responsive.
How can a Board respond to these challenges? Critically before starting to dapple with the business, some self-reflection may be necessary, evaluating what shape the Board is in to face the future. A number of key areas for evaluation on ‘fit for purpose’ are.
Trust building and Integration as critical leadership skills that will be required of Business in the future is a perspective that is in short supply at the moment. Helen Pitcher OBE argues that we can not afford to ignore the 30% to 40% tranche of females emerging from Commercial, Organisational and Charitable Boards who are likely to have these skills, as such we need to rapidly accelerate the numbers of Female Chairman of our Boards.
