Hoola Hoop’s Post

Great tips on maximizing board effectiveness from Eyal Goldwerger at Hoola Hoop. I've seen firsthand how transforming board meetings from update sessions into strategic discussions unlocks tremendous value. The key is creating space for meaningful debate and decision-making by handling the routine/status updates offline. #BoardLeadership #ExecutiveLeadership #StartupAdvice

Eyal points out what might be the greatest waste of a Board meeting—updates! Boards are strategic advisors to the CEO and Board meetings should be used for advice. Board members should be coming prepared having kept updated.

Managing Your Board: Myths & Realities – [Part 3/6] Are Board Meetings Just for Updates? CEOs must skillfully manage the dynamic relationship with their Board of Directors to drive success. How should you manage your board? 🛑 Myth #3: Board meetings are for updates. ✅ Reality: Use board meetings for STRATEGIC INPUT, not routine updates. 📌 For Effective Meetings: ■ Share updates regularly outside of board meetings to focus board time on key discussions, not repeat updates. ■ Develop an agenda well in advance - share a draft agenda early to gather board feedback and ensure alignment before finalizing. ■ Focus board meetings on topics that require discussion and alignment. ■ For each part of your board discussion: solicit input, elicit debate, make a decision, or seek approval. ■ Great board meetings engage board members, make the most of their time, and drive strong alignment. ■ Make your board meetings a time for action and alignment, not just sharing information! Want to learn more about how to manage your board? Hoola Hoop can help. LET’S CONNECT! --------------------------------------------- MANAGING YOUR BOARD: Myths & Realities Part 1/6: Is the Board Just a Necessary Distraction? https://lnkd.in/e38TyWsS Part 2/6: Should CEOs Focus on Keeping the Board Happy? https://lnkd.in/eF7zfmNx Part 3/6: Are Board Meetings Just for Updates? https://lnkd.in/e_rsFHqH --------------------------------------------- #Leadership #BoardManagement #ExecutiveCoach #CEOTip

Managing Your Board: Myths & Realities – [Part 2/6]: Should CEOs Focus on Keeping the Board Happy? CEOs must skillfully manage the dynamic relationship with their Board of Directors to drive success. How should you manage your board? 🛑 Myth #2: CEOs need to keep the board happy with selective information. ✅ Reality: A great board is your RISK MANAGER—they need the good, the bad, and the ugly. 📌 Key Tips: ■ Don’t sell to your board, engage them. ■ Be transparent, even with bad news. ■ Build trust by sharing the full picture. ■ Rely on the board’s expertise to help you navigate challenges rather than hiding them. Transparency builds trust. Trust builds success! Want to learn more about how to manage your board? Hoola Hoop can help. LET'S CONNECT! --------------------------------------------- MANAGING YOUR BOARD: Myths & Realities Part 1/6: Is the Board Just a Necessary Distraction? https://lnkd.in/e38TyWsS Part 2/6: Should CEOs Focus on Keeping the Board Happy? https://lnkd.in/eF7zfmNx Part 3/6: Are Board Meetings Just for Updates? https://lnkd.in/e_rsFHqH --------------------------------------------- #Leadership #BoardManagement #Transparency #CEOCoach #CEOTip

🌟 Unlocking Executive Board Effectiveness 🌟 Effective leadership at the executive board level is crucial for driving company success. Fractional-Mentors’ board advisory services identified 3 key strategies to maximize board effectiveness: 1️⃣ Selecting the Right Board Members: It's not just about the investment they bring; it's about shared values and vision. Choosing individuals or firms aligned with your company's ethos ensures decisions are made in line with long-term goals, rather than short-term gains. 2️⃣ Applying Strong Leadership Skills: Founders should leverage their team leadership abilities within the boardroom. By setting the tone and leading decisively, they can steer the board towards collaborative decision-making, minimizing power struggles and maximizing productivity. 3️⃣ Setting the Stage for Great Meetings: Preparation is key. Providing clear, standardized materials well in advance, adhering to a structured agenda, and reviewing past decisions fosters adaptability and agility in the face of change. Effective communication and fostering camaraderie among board members outside of meetings are also essential for building a cohesive team dynamic. Effective executive board leadership isn't just about who's at the table—it's about how they work together towards a common vision. By prioritizing shared values, strong leadership, and strategic meeting preparation, companies can harness the full potential of their executive boards. Do you feel your board needs to be more effective? Fractional-mentors can provide an assessment of your board and help your board implement our recommendations for success!  💼💡 #ExecutiveLeadership #BoardEffectiveness #TeamworkWins #M&A #Strategy #Fintech #Payments #CEO #Founder #Boards #ExecutiveBoard

🌟 Unlocking Executive Board Effectiveness 🌟Effective leadership at the executive board level is crucial for driving company success. Fractional-Mentors’ board advisory services identified 3 key strategies to maximize board effectiveness: 1️⃣ Selecting the Right Board Members: It's not just about the investment they bring; it's about shared values and vision. Choosing individuals or firms aligned with your company's ethos ensures decisions are made in line with long-term goals, rather than short-term gains. 2️⃣ Applying Strong Leadership Skills: Founders should leverage their team leadership abilities within the boardroom. By setting the tone and leading decisively, they can steer the board towards collaborative decision-making, minimizing power struggles and maximizing productivity. 3️⃣ Setting the Stage for Great Meetings: Preparation is key. Providing clear, standardized materials well in advance, adhering to a structured agenda, and reviewing past decisions fosters adaptability and agility in the face of change. Effective communication and fostering camaraderie among board members outside of meetings are also essential for building a cohesive team dynamic. Effective executive board leadership isn't just about who's at the table—it's about how they work together towards a common vision. By prioritizing shared values, strong leadership, and strategic meeting preparation, companies can harness the full potential of their executive boards. Do you feel your board needs to be more effective? Fractional-mentors can provide an assessment of your board and help your board implement our recommendations for success!  💼💡 #ExecutiveLeadership #BoardEffectiveness #TeamworkWins #M&A #Strategy #Fintech #Payments #CEO #Founder #Boards #ExecutiveBoard

Join me next week at a BoardPro webinar where I'll be talking about how to negotiate stakeholder alignment. Organisations that focus on aligning their stakeholders are much more likely to outperform those that don't prioritise alignment.

🌟 Webinar Alert: Negotiating Stakeholder Alignment 🌟 Are you finding it challenging to balance the competing interests and priorities of board members, employees, investors, and other key stakeholders? 🤔 Navigating these dynamics can often feel like a juggling act where one wrong move can lead to misalignment, stalled progress, or even conflict. If you want to master the art of bringing diverse perspectives together and driving commitment towards a common goal, this webinar is for you! Join us for an insightful session on "Negotiating Stakeholder Alignment", with Fiona McKenzie and Steven Bowman FAICD where you'll learn: ✅ Practical tips to navigate stakeholder negotiations and align interests. ✅ Strategies to handle conflicting priorities and build consensus. ✅ Techniques to foster commitment to the organization’s success. 🗓 Date: 26th September ⏰ Time: 11:00am AEST | 1:00pm NZST 📍 Platform: Virtual Whether you’re a board member, CEO, or team leader, these skills are crucial for driving strategic decisions that lead to sustainable growth. 🎟 Register today- https://lnkd.in/gWA3UQmv Let's turn stakeholder challenges into opportunities for growth and alignment. See you there! #Leadership #StakeholderAlignment #Governance #BoardLeadership #StrategicPlanning #Webinar #ProfessionalDevelopment

Bringing your top leaders together for strategic planning is an expensive endeavor. Without the proper process, once everyone gets in the room, the strategic planning quickly devolves into mere discussions without any decisions. For an executive team that is so invested in the company, it can be challenging to stay out of the weeds and keep conversations focused and high-level. This is where an outside perspective really makes an impact. When facilitating workshops, I know when it's time to cut a conversation off because it's leading down an unproductive path and when to keep pushing because a solution is right around the corner. Want to learn more about what a facilitated workshop with Growth Way Consulting looks like? Let's talk: https://lnkd.in/ebY2Br_k #strategicplanning #productivemeetings #workshops

Read it with breakfast!? 🤓😍🥯 Are you ready to transform your boardroom into a powerhouse of strategic decision-making, innovation, and sustainable growth? In my new book "Board Room Blitz," you'll discover the proven strategies and tactics that exceptional boards use to navigate the complexities of the modern business landscape. This isn't just another corporate governance manual – it's your playbook for achieving peak performance in the boardroom. Bonus: Football analogies. Inside, you'll learn how to: * Build a Master Mind Alliance: Assemble a diverse, high-performing board that embodies a mosaic of skills, experiences, and perspectives. * Develop Core Competencies: Master strategic thinking, financial acumen, risk management, and industry expertise to make informed, value-centric decisions. * Lead with Strength: Cultivate strong leadership from the board chair, facilitate effective meetings, and navigate the intricacies of boardroom dynamics. * Embrace the Evolving Landscape: Integrate ESG considerations into decision-making, foster a positive company culture, and champion value-centric management throughout the organization. Whether you're a seasoned director, a new board member, or an executive seeking to enhance collaboration with your board, "Board Room Blitz" equips you with the tools and insights you need to thrive in the fast-paced world of corporate governance. Don't just play the game – change it. Get your copy of "Board Room Blitz: Mastering the Art of Corporate Governance'. #CorporateGovernance #Boardroom #Business #Leadership #Leaders #Books #NewBooks #Q3