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I hope you enjoyed my talk at the directors summit
The Collective Intelligence of Boards
In an era of exponential change we need to be sure that our boards are as collectively intelligent as possible (vs collectively unintelligent, to put it mildly!) and I shared latest research from the Advisory Board Centre regarding the roles that advisory boards can play in helping you remain future proofed. I am a Certified Chair with ABC and Co-Chair of ABC's Americas Community. Read more: Agile Advisory Boards
Developing a Level 4 "Advisory Advantage"
My talk focused on Level 4 of the 5 Level Reset I invite leaders to embark on for the new battleground of business success. Level 4 relates to developing an "Advisory Advantage". I put that in the context of what I call C2C: Conversation-Flow to Cash-Flow and mentioned my work with Alan Mulally, the former CEO of Ford and Boeing Commercial Airplanes, who said, "C2C: Conversation-Flow to cash-Flow gets to the heart of the challenge". Read More: Alan Mulally & Agile Working Together. Boards must be driving the top line of Conversation-Flow.
The Governance Challenge
The dilemma is that Governance Boards are being increasingly squeezed between the weight of a bigger and bigger agenda they must be addressing and the inertia of board constraints with increasing bureaucracy, regulation, and risk of fiduciary responsibility. As a result, their conversation-flow can easily get bogged down, be narrower and shallower than it should be and not as future-proofing as it needs to be, especially in an era of accelerating VUCA and exponential change. Is it any wonder that we see the evidence of poor conversation-flow in the poor cash-flow and and share-price of corporates struggling to keep up and stay ahead?
Reframing the Governance System
In response to this challenge, the Advisory Board Centre's leading research identifies a megatrend unfolding globally, of a broadening frame of reference for the governance system. Not only of adding an advisory board to supplement the thinking system and problem solving capability and capacity. But also evolving from a traditional view of advisory boards and governance boards standing apart from one another, to a more integrated view of them being seamlessly side by side and overlapping on a continuous spectrum of a governance system. Working in unison, they have a much better fighting chance of driving the full range of conversation-flows required to be future-proofing the enterprise with the agility required.
>>> Access Resources from the Advisory Board Centre.
- 2023 State of the Market Report
- Best Practice Framework
- For Advisors: Certified Chair Program (globally they only accept 10% of applicants, so I can make a warm introduction for you)
- For Businesses: Free Concierge Service (with truly no strings attached! ... I can make a warm introduction for you and help coordinate as part of a 90 Day Opportunity Assessment ... see below).
Interested in a 90 Day Opportunity Assessment?
If you would like help to assess your opportunities for a 5 Level Reset and, in particular, the role that an Advisory Board can play in developing a Level 4 Advisory Advantage, there is nothing more that we love to do. Thinking about the option of an advisory board? Wanting to improve an existing advisory board? Looking to evolve your governance system? Contact me for a relaxed, exploratory conversation and I look forward to getting mutually acquainted.
Interested in Beginning a 5 Level Reset?
Tap into an And-Proposition of Experiences & Insights:
Top Down: I (Mike Richardson) specialize in the agility challenges of CEOs, Executives and their teams running small-to-medium sized enterprises, mid-market companies & corporations, helping them stay future proofed. I reveal the whole challenge, problem and solution of C2C: Conversation-Flow to Cash-Flow, with eye-level accountability top down, from my time as a career CEO myself and 20 years advising CEOs.
Bottom Up: Mark Redgrave specializes in the team transformation, ways-of-working and high performing teams. As former Chief Transformation Officer for three separate billion dollar companies, and an advisor to companies all over the world as a Senior Advisor for McKinsey & Company, Mark is an expert in business agility: he reveals the /shifts in Mindset, Clarity and Empowerment required.
Interested in Us Facilitating a Team Process?
Being Agile with Agile!
We urge leaders to be agile with agile! Which means, start small and finish big, starting with something simpler sooner and sophisticating it later. Don't set out to boil the ocean all of a sudden. Rather, get a small snowball rolling and accumulate from there, enjoying early benefits from your endeavors which help build momentum and can become progressively self-propelling and self-funding. Prioritizing one piece of the jigsaw puzzle at a time and let the whole picture progressively emerge. If you would like help to explore that, contact us.
Interested in Me Speaking at a Event ?
I love inspiring audiences to go on the journey of being agile with agile, of beginning a 5 level reset and evolving their collective intelligence. My focus is always to be simultaneously provocative, profound and practical!
Interested in a REF Peer Forum ?
REF San Diego is on the leading edge of what's next with peer forum experiences. Read More: Agile Peer Forums
Just Interested In Connecting ?
I always just love to connect to get acquainted with new leaders, teams, businesses, industries and journeys. So don't be bashful in reaching out.