Six Elephants in the Boardroom


A high-performing board will be a hotbed of ideas, constructive debate and well-informed analysis. However, unacknowledged problems at the top table can damage all this good work. Emma Riddell asks senior business leaders to identify what they see as the “elephants” in the boardroom.

Key points include:
 
  • It is critical to ensure that the senior leadership team is 100 percent committed to the company's goals. 
  • The most effective boards feature openness and the freedom to have honest and clear conversations. In such fast-moving markets, it’s unrealistic to expect executives to have all the answers.
  • When businesses are performing well, there is the temptation to avoid making decisions that may be disruptive, even though this may be the best time to  deal with problems.
  • While the quality of strategic discussions and decisions are crucial, once made, they also need to be disseminated throughout the organisation.
  • Chairmen and NEDs can quickly find themselves out of touch with their younger customers, particularly when they no longer have executive roles.
Contributors

Beth Butterwick, CEO, Karen Millen
Matthew Blagg, CEO, Criticaleye
Roger Bayly, Managing Director, Alvarez & Marsal
Nigel Howell, CEO, FirstPort
Laurence Vallaeys, Director, Warren Partners
 

Share this with your Community


Contributors
Beth Butterwick
CEO
Karen Millen
Laurence Vallaeys
Partner, Consumer, Retail, Leisure & Property
Warren Partners
Matthew Blagg
CEO
Criticaleye
Nigel Howell
Chair
RGE Services Ltd
Roger Bayly
Managing Director
Alvarez & Marsal


Click here to download this insight

DOWNLOAD INSIGHT



Related Insights

Read, watch & listen to some of the latest thought leadership from our Community.

Click here to download this insight
Driving Growth and Value as C...

Ithaca Energy has developed into a major player in the North Sea oil industry during Iain Lewis’ three years as CFO. In this interview with Criticaleye, he discusses the company’s IPO in 2022, its M&A st...

Click here to download this insight
Embracing the Human-AI Partne...

Singtel faces a rapidly changing environment as geopolitics, customer expectations and AI reshape its business. In discussion with Criticaleye Senior Editor Bridgette Hall, Group Chief People & Sustainability Office...

Click here to download this insight
Reaching New Heights at Guoco...

After four years in the Group CFO role at one of Singapore’s most prominent real estate developers, GuocoLand Group, Andrew Chew talks to Jacob Ambrose Willson about stepping up from regional CFO to Group, managin...


1 2 3 4 5 6 7 8 9 10
Displaying 1 to 3 of 302




IBM Consulting Lightsource bp Drax Group plc Rolls-Royce NATS Eightfold AI GlaxoSmithKline plc Workday FTSE Women Leaders Review Palo Alto Networks NatWest Group AlixPartners Worldpay British Land Salesforce Accenture Google Hitachi Solutions E.ON UK Aldermore Group Concentrix Legal & General London Stock Exchange Group