This month’s quick quiz addresses the themes of Governance and Boards of Directors.
Q1 – Which of the following elements of good governance are practiced by your Board?
- independence of mind combined with working together with others;
- robust debate combined with civility;
- diversity harnessed by inclusivity and respect;
- transparency combined with trust;
- enjoys the fullest expression of the know-how and character of every board member.
Check-out this months Feature article on Boards and Governance for more insights around this question.
Q2 – How much money does it cost to operate your Board annually, and how do you know if your Board provides a similar amount of added value back to the organization?
Check-out this month’s feature article on Return on Governance - ROG for more insights on this question
Q3 – Which of these Board Dysfunctions does your Board exhibit?
- People who think they know how parliamentary rules of order works – and they don’t!
- Improper use of motions or points of order.
- People who don’t think time-limits of speaking don’t apply to them.
- Individuals who use “points of order” to debate others.
Have a look at the video How to prevent Dysfunctional Meetings.
Q4 – Does your Board embrace Foresight exploration or Generative Dialogue of Futures Issues that may affect your organization? Which of the following has your Board explored lately?
- The impact of AI on your organization?
- The shift from internal combustions engines to electric/battery engines?
- How DNA testing and knowledge of genome might affect the work of your organization?
- Autonomous driving vehicles and your organization?
View the video of Jeff De Cagna on Governance Foresight.
Q5 – Which of the following does your Board have in place?
- Board & Committee Annual Calendar (Identifying what the Board and Management must address at each meeting throughout the year – in synch with the business cycle.)
- Board meeting Agendas that START with Foresight/Generative or Strategic Governance exploration.
- Annual Board & Committee Goals.
- The Board is “out, ahead of Management” vs reactive and led by CEO.
- Board members use products/services of the organization they govern.
For more information of the value of Boards doing these things, read this month’s article on Return on Governance – ROG.