Futures Project Good Governance: Building your Board for the Future
Session Overview Governance – Making leadership decisions as a board member Managing Change Communication – decision making and managing conflict Importance understanding your operating environment
What does it mean to be a Board Member? Richard Dent OAM FAICD
The LV Vision: Exceptional leaders creating a better world.
[Corporations Law]
What is leadership? The activity of mobilizing people to achieve important outcomes so they can thrive .
Governance is leadership.
Five Pillars of Governance
A thriving organisation. Risk & Influence GM Purpose Performance Compliance Robust governance.
A thriving organisation. Purpose Robust governance.
Purpose “The most common form of foolishness is forgetting what we set out to accomplish”. Nietschze
Purpose Purpose: Why? Vision: What outcome do we want? Mission: How do we make the vision real? Strategy: Who does what when, to progress the mission.
Vision through to Strategy Vision Mission Strategy Operations
Setting Vision & Mission 1. Vision Example: “An end to avoidable blindness”
Setting Vision & Mission 2. Mission Example: “Reduce avoidable blindness through accessible eye operations and through public education about eye health. ”
A thriving organisation. Performance Robust governance.
Performance • Set strategy (and revise as needed) • Monitor the external environment • Monitor the internal environment • Monitor outcomes
3 key top-level goals of an NFP strategic plan: 1. Support for direct stakeholder group. 2. Influencing our stakeholder group’s strategic environment. 3. Sustain and/or develop our organisation.
A thriving organisation. Risk & Compliance Robust governance.
Risk & Compliance • Ensure legal and regulatory compliance • Maintain a risk strategy • Avoid “Roosevelt risk” (fear of risk itself!)
A thriving organisation. Influence Robust governance.
Influence • Influence board members • Influence the GM • Ambassadors to staff • Ambassadors to supporters • Ambassadors to members and community
A thriving organisation. GM Robust governance.
CEO - Recruit, select, appoint - Delegate to - Monitor, support - Succession
A thriving organisation. Risk & Influence GM Purpose Performance Compliance Robust governance.
Policies - Governance Philosophy - Board – CEO linkage - Code of Conduct - CEO delegations - And more … - Board PD & Matrix
And more … • Legal requirements • Chairing, decision making • Meeting practices & dynamics • “Mechanics” • Recruitment • Role of sub committees? • Reports, finances, etc
A thriving organisation. Risk & Influence GM Purpose Performance Compliance Robust governance.
What does it mean to be a Board Member? Richard Dent OAM FAICD
Futures Project Good Governance: Building your Board for the Future
Recommend
More recommend
