eoa’s Post

In the popular imagination, a corporate board seat is often seen as one of the most comfortable positions in business. Board members seem to be well-compensated for attending a few meetings a year, nodding in agreement as the CEO expounds on strategy. Nothing could be further from the truth. The role of the board has changed from traditional backward-looking oversight to an engaged asset to help move the business forward. Directors are expected to help executives steer through geopolitical tensions, rising inflation, climate change, and technological disruption. The bar has been raised significantly. What distinguishes the boards that lead from those that merely follow? 1. 𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗥𝗶𝗴𝗵𝘁 𝗔𝗴𝗲𝗻𝗱𝗮, i.e. the company’s most critical issues, such as strategy, leadership succession, and major risks, and avoid getting bogged down in operational details. 2. 𝗧𝗵𝗶𝗻𝗸 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰𝗮𝗹𝗹𝘆 and actively engage in shaping management's strategies, not only approving them. They ask the tough questions and challenge assumptions. 3. 𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘁𝗵𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀, industry dynamics, and competitive landscape deeply to ask the right questions. 4. 𝗔𝗹𝗶𝗴𝗻 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀 to ensure that executive compensation and incentives are aligned with the company’s long-term goals, driving the right behaviors and helping achieve strategic objectives. 5. 𝗘𝗻𝘀𝘂𝗿𝗲 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗖𝗼𝗺𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻, looking for members with diverse skills and perspectives, not echo chambers. 6. 𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵 𝗖𝗹𝗲𝗮𝗿 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸𝘀 for identifying, assessing, and mitigating risks, ensuring that the company is prepared for potential disruptions. #leadership #boardroom #strategicthinking

Looking to Enhance Your Board? The Society for Corporate Governance is here to help you elevate your board with exceptional candidates. In today’s competitive landscape, having the right individuals on your board is crucial for driving effective governance, strategic decision-making, and sustainable growth. We specialise in connecting companies with highly qualified board members who bring diverse expertise and a fresh perspective to the table. Our extensive network and rigorous selection process ensure that you have access to individuals who are not only skilled but also aligned with your organisation’s vision and goals. Whether you need expertise in finance, technology, or corporate governance, we can assist you in finding the right fit for your board. For more information, contact us at info@corpgovnigeria.org #BoardRecriutment #BoardLeadership #SCGNMember #Leadership #Board #RiskManagement #Effectiveness #CorporateGovernance #Business #Governance #Businessconsultant #Mnangement #CorporateGovernanceCodes

As a leader, what is the biggest challenge you face over the next 12 months? And what impact will the Budget have for your organisation? IMI conducted a survey among the business leaders at the recent National Leadership Conference. Read the results in the Irish Times here, with comments from IMI Chief Executive Shane O'Sullivan: https://lnkd.in/eCeBUb5T #talent #budget2025 #leadership #change #upskilling

What’s the biggest factor for an effective board chair-CEO relationship? It’s not the chair’s knowledge of the business or quality of advice. Nor is it goal alignment, KPIs or board processes. It’s trust! This research focuses on the 5 most critical moments that can build - or destroy - trust between the chair and CEO.

In a recent study, Alaina Love, Chief Executive Officer of Purpose Linked Consulting, underscores the detrimental impact of substantial C-suite turnover on staff morale. Love articulates five pivotal leadership strategies to refrain from, emphasising the short-sightedness in the complete dismissal of the previous administration. Such an approach not only undermines employee confidence, but casts doubt on the current CEO's leadership skills. A careful leader recognises the value of continuity and demonstrates the resilience needed to withstand change... https://loom.ly/zN2xZRA #CEO #leadership #changemanagement

Curious how a clear vision and staying true to your organizational identity can propel you towards success? Discover the strategic steps that empower executive leaders and board members to navigate challenges with confidence and purpose! 💥 https://lnkd.in/ePviPtNZ #Unearth #LeadershipExcellence #StrategicAlignment #Empowerment #VisionaryLeadership

Do you know the right approach to setting directors' pay? Executive remuneration is a crucial topic for businesses of all sizes. From attracting top talent to ensuring fairness and transparency, getting it right can have a big impact on your company’s success. In our latest guide, we break down the factors that influence directors’ pay, including: • Company performance • Industry benchmarks • Shareholder expectations ➡Learn more about how businesses can effectively set directors’ pay and balance reward with responsibility here: https://lnkd.in/dX8Se2K8 #BusinessLeaders #Leadership #BusinessGrowth #DirectorsPay #Factsheet #BusinessAdvice #InstituteOfDirectors

Purpose and values aren’t just buzzwords—we believe they’re the foundation for meaningful growth. At Integris Group Services, we’re passionate about guiding businesses to align their strategies with their core principles. Let’s explore this together. #Leadership #CoreValues #StrategicGrowth

Struggling to make real progress in your DEI goals? This 3-step framework equips business leaders with the tools they need to own DEI outcomes. Commitment, alignment, and daily integration are the keys to success. #DEI #Leadership #BusinessGoals #Inclusion

Business is constantly changing in an ever-complex world, and leadership must change with it. Managing a company in an era marked by significant technological, geopolitical, and cultural shifts is no longer solely about issuing directives. Instead, it increasingly involves engaging and inspiring people, offering a guiding vision, and establishing clear boundaries for their actions. Dov Seidman, who runs the How Institute for Moral Leadership, has a new survey out today assessing the “State of Moral Leadership in Business.” It finds that the demand for moral leadership is going up while the supply is going down. Ninety-three percent of respondents in the most recent survey said there was “high demand” for moral leadership in business, up from 88% in 2022 and 86% in 2020. But based on their behaviors, only 10% of CEOs ranked in Seidman’s top tier of moral leadership, compared to 12% in 2022. “Above all, moral leadership is about how leaders touch hearts, not just minds—how they enlist others in a shared and significant endeavor, and create the conditions where everyone can contribute their character and creativity,” said Seidman.