Last week my blog was about the need to tap into board experience. Today I write about how boards need to be asked the right questions to provide their experience, to lead. Executive teams should ask their boards quite explicitly:

  • About Risk – What risks do they see with the strategy? What emerging risks to the organisation do they see from their experience outside of the boardroom.
  • About Opportunity – What opportunities do they see to improve the strategy? What opportunities do they see that the strategy is not grabbing?

A board that understands the balancing act between risk and opportunity and are asked these questions is one that can provide outstanding stewardship to an organisation. Stewardship that will guarantee the organisation operates in the top quartile in its industry for a very long time to come.

___________________________________________________________________________________

YOUR DECISIONS DEFINE YOU.

Available on Amazon or order here now.

Bryan Whitefield works with strategic leaders across all sectors to help organisations harness uncertainty – uncertainty is the strategic leader’s best friend. He is the author of DECIDE: How to Manage the Risk in Your Decision Making. He is the designer of the Risk Culture: Build your Tribe of Advocates Program for support functions and the Winning Conversations Program for internal advisors. Both can be booked individually or in-house. For more information about Bryan, please click here.

www.bryanwhitefield.com

Views: 20

Comment

You need to be a member of GlobalRisk community to add comments!

Join GlobalRisk community

Our Sponsors

Would you like to reach over 70,000 + Risk Professionals? 

REQUEST OUR MEDIA KIT

 

Advance Your Career - Take the Global Risk Academy Courses Below

Business Exchange

If your organization delivers products and services that bring value to our members, you are welcome to join our partnership program.

Companies are welcome to setup a business profile page in our Multimedia Business Directory. You will get full control of the page and can include cutting edge possibilities – videos, adverts, presentations, white papers, job offers, Press Releases, product information, company blog, news feeds and more.

CLICK HERE TO APPLY

Our Knowledge Partners

Request our MEDIA KIT

Our Twitter feed

© 2018   Created by Boris Agranovich.   Powered by

Badges  |  Report an Issue  |  Terms of Service