Download e-book for kindle: 101 Boardroom Problems and How to Solve Them by Eli Mina

By Eli Mina

ISBN-10: 0814410588

ISBN-13: 9780814410585

each board has one major purpose—to make and execute caliber judgements. besides the fact that, even the easiest board might be derailed through character clashes or inherent flaws in its approach. one hundred and one Boardroom difficulties and the way to resolve Them bargains readers useful instruments to avoid and care for each tough scenario, from collective impatience and indecision to rivalries and conflicts of curiosity. As a board effectiveness advisor and assembly administration professional, Eli Mina has firsthand adventure in facing the myriad of difficulties that forums face. right here he indicates readers find out how to determine board dysfunctions and the wear and tear they inflict, care for boardroom issues of self belief, raise the chance in their board reaching the ideal judgements, reduce or do away with unsuitable judgements, and make a board extra credible and reliable with its neighborhood and stakeholders.

whole with a board effectiveness audit and straightforward to take advantage of types to judge person contributors, the Board Chair, and the CEO, and tips about giving and taking suggestions, this is often the only ebook that may support cast off the disputes, disruptions, and difficulties which can hinder even the simplest board from reaching its project.

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Extra resources for 101 Boardroom Problems and How to Solve Them

Sample text

In another case, a variety of solutions are suggested, and the Board—in its haste to move on—latches on to the most obvious solution and makes its decision. It feels like shooting before aiming. Potential Damage Without an organized problem-solving process, the quality of decisions often suffers, especially when issues are complex or controversial. The fact that a solution feels like it might work is not enough. A deliberate problem-solving process is needed, or else costly flaws may be discovered during the implementation stages.

Chapter 4 Procedural Issues 33 21 W PROBLEM LAST-MINUTE AGENDA ITEMS (‘‘GREEN BANANAS’’) At the start of a meeting, a Chair asks if members have anything to add to the agenda. Several items are added without background material, and some of them are substantial or controversial. Presenters expect the Board to make decisions on these lastminute items. Potential Damage Pressing ahead with items that are not ripe for decision making (so-called ‘‘green bananas’’) is risky for a number of reasons. First, Board members may be surprised, uncomfortable, and resentful, and this may distract them from the business at hand.

This may taint and bias the process and increase the likelihood of flawed decisions. There is no sense of a coherent and cohesive direction for the organization as a whole. Intervention Advise constituent units that although their Board representatives can be expected to present unit-based input, the duty of the representatives is ultimately to place collective interests ahead of unit 24 101 Boardroom Problems and How to Solve Them interests. Clarify this point for the representatives during Board orientation.

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101 Boardroom Problems and How to Solve Them by Eli Mina

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