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An organization is only as good as its board… which is only as effective as its chairman. Here are the secrets of the world’s best board leaders.
Across the world, business cultures have the important topic of board leadership exactly backwards. For most jobs, we vet candidates based on their experience, training and previous success for a position. Only after rising to the top through a tough winnowing process do we name the final candidate to the role. Over the past century, we’ve developed an infrastructure of business schools, MBA programs, professional certifications, and consultants to professionalize business leadership.
When it comes to serving as leader of a board of directors, however, it may just be because you own a majority position. You may be a retired chief executive, or current chief of the company. You may have business leadership experience… but not necessarily any in leading board. Whatever the culture, the economy, or the type of business, proven skill in leading and managing a board of directors is not what put you in that role at the head of the table.
Top corporate executives rise to their leadership positions through a long, tough competitive process of training, experience and achievement. But when it comes chairing a board of directors, none of these qualifiers apply. In truth, most board leaders come to the role without education or experience on this unique position. Too often the result is board mismanagement, boardroom disputes, inefficiency, poor decisions, and even legal liability. Our programs dig into how pros make the “formal, yet informal” role of board leadership effective.
Ralph Ward is an internationally-recognized speaker, writer, and advisor on the role of boards of directors, how “benchmark” boards excel, personal boardroom careers, and the future of governance. He speaks on board topics, and offers Boardroom Masterclass programs
Ward is publisher of the online newsletter Boardroom INSIDER, the worldwide source for practical, first-hand advice on better boards and directors. He also edits The Corporate Board magazine, the nation's leading corporate governance journal.
He is author of seven acclaimed books for today’s corporate boards: