The boardroom is a complex political arena. It is a place where:
However, the role of the board is one of leadership and, in order to lead effectively, it has to be both decisive and present a single and undivided case for action.
It manages to do this through a process of compromise. Compromise is a perfectly honourable and legitimate process when addressed in the right spirit. It is also essential when interests conflict.
Boards often get consumed by too many tactical issues. Whereas tactics involve the immediate deployment of resources, strategy is driven by a vision of the future. Strategic issues are boardroom affairs whilst tactical manoeuvres are the concern of executives.
Boards are now under increasing levels of scrutiny from their own subsidiary operations as well as shareholders and may be seen more as a cost centre than a source of value; particularly where operating authority has been largely devolved to subsidiaries. Thus boards need to understand how to add value both from the company's and shareholders' perspective.
CPS has the skill and experience to work with boards to help:
Individual behavioural issues unearthed during the course of this process, which may have a negative impact on board performance, are usually dealt with separately in one-to-one mentoring and coaching sessions.See One-to-One Executive Mentoring and Coaching
CPS believes that progress can be made over a relatively short period of time. A typical format would be three two-hour meetings with a gap of four to six weeks between meetings. This allows boards to have time to reflect on and experiment with new forms of behaviour.
To create the most effective working environment, we encourage meetings to take place away from the board’s normal meeting place.