What's A Board Review And Why You Need It with Mary Hiland

Mary Hiland chats with Steven Bowman about the Board’s role in making the choices that create the future for the communities they serve.

What are the various kinds of people that make boards go off-track?

Learn to deal with bad behaviour instead of being too “polite”.

The importance of knowing your vision statement and its relationship to making decisions and asking questions.

What is the culture you need for the organization, and how do you know you’re meeting that goal?

“Are you doing this to prove, or are you doing this to create?”

How to craft an inspiring Vision statement

Your Vision statement is more than a catchphrase; it's a call to arms. As a conscious CEO, making use of your Vision statement as a strategic tool is one of the most powerful ways to align your organization's actions with its purpose. 

In fact, your Vision statement can and should be used in every Board meeting to drive strategic conversation.

If you do not have a Vision statement, start by asking 'What are the top 3-5 intents that captures the spirit of this organization?' These 'intents' should be non-negotiable.

Over time, and if used correctly, this statement should spur the behaviors and actions that will create the desired future for your organization.

Steven mentions Prosperity Consciousness: Leading yourself to Money through Conscious Awareness in this episode.

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The 3 types of key performance indicators (KPI) for the CEO that will encourage higher performance

When setting KPIs for the CEO, how can the Board provide a well-rounded series of 6-7 targets that encourage better performance?

This is an area which has traditionally received very little attention. Many CEOs can feel aggrieved by the mishandling of their KPIs and, as a result, it's not uncommon for a CEO to leave their post.

In this podcast, Steven Bowman explores a variety of KPIs which, when used in combination, encourage better outcomes for the organization.

More on Management

 

More from the Conscious CEO Series