Book review - Presenting to Boards
A frequent lament from directors is that executives don't know what or how to present to help the board discharge its oversight and direction duties. There is a very good reason for this failing; most people have never been taught what a board requires!
Rather than leave your executives to keep guessing (or keep guessing yourself if you present to a board) take action with a copy of this book.
Presenting to Boards contains everything a boardroom presenter needs to know about how to assess the board's needs, the correct level of detail in papers, minutes and slides, and how to deliver a valuable verbal presentation.
Available in soft or paperback format through Amazon.com
What's New - In March
I started the month with a hearty serve of great governance insights and inspiration at the Australian Institute of Company Directors' Summit in Melbourne. As always, the audience was full of directors, each of whom had a dilemma to share and I will be happily busy researching and responding to them over the next year. Then there were the presenters - an amazing array of international (and Australian) expertise. The insights kept coming in every session. It was absolutely fantastic!
In the photo I am enjoying meeting fellow water board directors, Jan West and Janice van Reyk, and investigating which of my books were available at the conference book stall.
I thoroughly enjoyed the Governance Institute of Australia course on Board Minutes (always good to keep up to date with the latest ideas on what makes a good set of minutes and what may now be a dangerous practice) and learned a few new things about electronic record-keeping.
The InnoXcell Annual Symposium was a great reminder of the changing risk landscape for company directors. It was great to hear from international and Australian experts as well as to catch up with all my compliance, regulation and technology friends.
This was followed by the Professional Speakers Convention where I enjoyed reconnecting with the curious tribe of experts who speak to share their expertise; governance skills (as Yusef will attest) are worth little if you can't influence a room or share your knowledge. The AGM was particularly joyful for me as it is now a year since I rotated off the board and I was thrilled to see how well the board had progressed with the strategy and how much new thought was now positively impacting the organisation's future planning.
A 'Many Hats - Board of the Future' function, generously hosted by PwC gave some good insights in the multiple roles that directors play in their companies; from scouting the horizon to analysing trends and wrangling stakeholders! It was also wonderful to meet such a wide array of younger directors. The future of the board will be in good hands!
My own boards and a bit of writing (such as this newsletter) filled the rest of the available hours and I am now looking forward to see what April will bring. I hope it will bring a chance to work with you or to meet you.
I am always keen to work more and will be delighted to hear from you if you would like to arrange a board strategy workshop or board performance review!
Inspirational quote for April - This month my favourite quote is:
Yusef will need the trust of his boardroom colleagues if he is to succeed in influencing them. He will also need to honour the trust that his company's shareholders have placed in the board by working through this difficult period and creating the company they wish to own.
Contribute to governance research - Director's Dilemma readers are always doing interesting work: One of the Director's Dilemma readers is a PhD student and is conducting research into "Evaluating the efficacy of Corporate Governance practices on Innovation and Company Performance". If you are willing to help by providing your insights please fill out the online questionnaire.
A note on names - A few readers have asked me where I find the names for the protagonists in each case study; I 'borrow' them from people I meet or things that I read. Yusef is an ancient Hebrew name and means 'God shall multiply'. There is little doubt that conflicts of interest and heated arguments will multiply the difficulty of governing a young company through a phase of high growth.
This newsletter - If you have any ideas for improving the newsletter please let me know. If you are reading a forwarded copy please visit my website and sign up for your own subscription.
Suggestions for dilemmas - Thank you to all the readers who have suggested dilemmas. I will answer them all eventually. I could not write this newsletter without your help and without the generous help of all the experts who respond each month to the case studies.
Be a contributor - if you would like to attempt a response to the dilemmas for publication you will be most welcome. Simply reply to this email and let me know.
Let's connect - I use LinkedIn to share information about boards and directorship with my friends and acquaintances. If you use LinkedIn and we are not yet connected I will welcome a connection from you. You can find me at linkedin.com/in/juliegarlandmclellan.
Let me help you - If you would like me to speak to or train your board, staff, audience and/or group please contact me at firstname.lastname@example.org.
Farewell until the next issue (due 1 May 2018). I look forward to greeting you again then. In the interim I hope you will enjoy health, happiness and hard work.
Enjoy governing your corporations; we are privileged to do what we do!