Why does your board need an effective work plan? How does it become an essential tool in keeping your board’s attention where it counts?
In this white paper we explore how increasing demands on boards are diluting rather than concentrating their focus, and thus reducing rather than improving their effectiveness. We examine just how little time most boards have to attend to even the ‘must does’, let alone the kind of thinking that will help the board to have a positive impact on organisational performance. And we show how a board work plan is an essential tool for identifying, agreeing, and delivering on the things that will give the board its greatest leverage over organisational performance.
Spoiler alert! We are not going to tell you what matters you should concentrate on. Only you know what those are, even if you haven’t got them figured it out yet. Were we to offer you a generic list of board tasks it might get you started, but your board’s capabilities and challenges are different from any other board. We will give you some signposts but the mere act of developing a board work plan produces 80% of its value.
