
Resilience on the Board refers to the ability of a board of directors to effectively respond to challenges, setbacks, and unexpected events that could affect the performance or reputation of the organization.
Building resilience on the board is crucial for ensuring that the organization can weather storms, adapt to changing circumstances and remain
focused on its strategic goals.
Here are some ways to build resilience on the board:
Develop a diverse board: A board that comprises members with different backgrounds, skills, and perspectives can better handle complex issues and identify opportunities for growth.
Foster open communication: Board members should be encouraged to speak candidly and openly about their concerns and ideas. This can help to ensure that the board is well-informed and that decisions are made based on a thorough understanding of the organization and its challenges.
Foster open communication: Board members should be encouraged to speak candidly and openly about their concerns and ideas. This can help to ensure that the board is well-informed and that decisions are made based on a thorough understanding of the organization and its challenges.
The board should be focused on the organization's long-term goals and be prepared to make difficult decisions that may not have an immediate payoff.
Encourage learning and development: Board members should be encouraged to continually learn and develop their skills and knowledge.
This can ensure
A resilient Board means a resilient organisation.
We need to be well informed and horizon scanning of future risks must be practised.
Let's Do it.
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