Making decisions at the scary end of the graph
Who knows what 2021 will bring?
I’m just making the best decisions I can, based on history, based on the best data available to me, based on my best analysis of what that all means and how it might impact the future.
Directors make decisions. Like me, they are deciding based on a combination of history and experience, current data, calculations and assumptions about the future, and a desire to make a positive impact.
Sometimes we have too much data and can’t extract the information, sometimes we can’t get the data we need, and sometimes we don’t understand the data we have. This is especially true when we are working on improving the performance and impact of our boards, and our actions as directors on those boards.
If you are wondering how to start to make a better impact in 2021 you might find this diagnostic helpful. It is based on understanding the four key areas where boards make a difference and getting each to reinforce the others and drive performance. You can get your own confidential results at https://directorsdilemma.scoreapp.com/
Julie Garland McLellan is a professional company director and corporate governance consultant. She is the author of the “Director’s Dilemma” newsletter, “Presenting to Boards”, “Not-For-Profit Board Dilemmas: Practical Case Studies for Directors in the Non-Profit Sector”, “Dilemmas, Dilemmas” and “All above Board: Great Governance for the Government Sector”.
Julie undertakes board and director appraisals; these are not ‘plain vanilla exercises that result in superficial enhancements and fail to address the vital connections that underpin board success. If you want to improve your board impact, hire Julie.
Her in-boardroom education is characterised by a practical approach using real-life scenarios to build rich interactive learning experiences. She facilitates difficult meetings with tact and vigour; her guidance behind the scenes has helped many boards, CEOs and chairmen to turn difficult situations into successful outcomes.