This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
Explore the Board Excellence Primer, crafted by ex-McKinsey and Big 4 consultants. This PPT offers insights on board strategy, performance management, and effective governance. Board Excellence Primer is a 26-slide PPT PowerPoint presentation slide deck (PPT) available for immediate download upon purchase.
The amount of time Board Directors spends on their work and commit to strategy is rising. Directors say they dedicate more time now to their Board duties than ever before. In fact, since 2011, the Directors have cut in half the gap between the actual and ideal amount of time they spend on Board work.
In a recent global study of Corporate Boards, the results showed that strategy, on average, is the main focus of many Boards. Yet, Directors still want more time for strategy when they consider its relative value to their companies. This is more than any other area of the Board work.
This primer provides the Board and Management the essential guide and foundation towards as value-creating Board on its way to achieving Board Excellence. It discusses current trends that are evolving regarding the Board, guiding principles, and the 3 types of Boards.
1. Ineffective
2. Complacent
3. Excellent
Board can have high or very high impact on company value. Hence, it is important in today's world that Boards are effectively equipped in the performance of their functions.
This deck also includes slide templates for you to use in your own business presentations.
The Board Excellence Primer also delves into the critical aspect of time allocation, showing a marked increase in the number of days directors now spend on board work compared to previous years. This shift underscores the growing importance of strategic involvement and performance management. The PPT highlights how effective boards are those that continuously adjust strategies based on changing conditions and set comprehensive frameworks for performance reviews.
The primer categorizes boards into three types: Ineffective, Complacent, and Excellent. Each type is analyzed based on their impact, task performance, and operational alignment. Excellent boards are noted for their high impact on value creation and their superior effectiveness across various tasks. The document also emphasizes the importance of a strong culture and feedback mechanisms, which are pivotal for achieving board excellence.
This PPT slide outlines 3 guiding principles for achieving Board Excellence. The first principle emphasizes the need for increased time commitment to Board activities, as greater engagement leads to improved outcomes. The second principle advocates for balancing trust with challenging discourse, fostering an environment where open debate coexists with mutual respect. This dynamic enhances robust Board interactions and meaningful discussions. The third principle highlights the importance of appointing an ambitious chairperson, whose capabilities are crucial for effective Board dynamics. An effective chair facilitates meetings, cultivates trust, and encourages constructive dialogue, while investing in Board member development. Strong leadership is foundational for enhancing Board effectiveness and governance structure.
This PPT slide outlines 3 critical areas for boards to enhance strategic engagement: "Industry and Competitive Dynamics," "Board and Management Debate," and "Evaluation of All Strategic Options." Boards must understand current industry dynamics and market trends for informed decision-making. Effective dialogue between the board and management is essential before discussing specific strategies, ensuring alignment of perspectives. Additionally, boards should thoroughly analyze all potential strategic avenues to evaluate their merits and implications. These focused discussions and evaluations lead to clearer, more aligned strategies for the organization, enhancing the board's effectiveness in strategic oversight.
This PPT slide categorizes board performance into 3 groups based on critical factors: organizational impact, task execution, and internal dynamics. The traffic light system classifies boards as "Ineffective," "Complacent," or "Excellent." "Ineffective" boards show poor impact and execution, while "Complacent" boards perform adequately, but lack improvement drive. "Excellent" boards not only meet responsibilities, but also shape future agendas. Achieving excellence requires a maturation process, emphasizing continuous improvement and strategic focus. This framework aids organizations in evaluating their boards and identifying development areas, enhancing governance effectiveness.
Complacent boards occupy a middle ground between ineffective governance and board excellence. Half of directors believe their boards positively influence long-term value creation, indicating a disconnect between self-assessment and actual performance. While many directors feel their boards contribute significantly, this confidence may not reflect their effectiveness in key areas: management review of financial performance, setting the strategic framework, and approving management's strategy. Complacent boards exhibit trust and teamwork,, but this can lead to a reluctance to embrace feedback, stifling critical discussions. Fewer than one in 5 directors report engaging in formal evaluations, perpetuating complacency and inhibiting growth. Organizations must critically assess board performance and foster a culture of accountability and openness to feedback.
This PPT slide presents a comparative analysis of board activity allocation by directors in 2015 versus 2013. Time spent on strategic planning increased from 7.85 days in 2013 to 8.91 days in 2015, reflecting a growing emphasis on strategy in board governance. Performance management rose from 5.23 days to 7.26 days, while investments and M&A activities increased from 3.30 days to 4.46 days. Strategy was identified by 37% of respondents as the area of greatest impact, followed by performance and risk management. This data indicates that as business complexity increases, boards are prioritizing strategic oversight to align with long-term organizational goals.
This PPT slide presents a comparative analysis of board effectiveness across 6 key areas of strategic and performance management. Boards are categorized into 3 types: striving, complacent, and ineffective, based on their ability to execute tasks such as ensuring management reviews financial and operational performance, setting the strategic framework, and adapting strategies to changing conditions. Striving boards show over 75% effectiveness in ensuring management reviews financial performance, outperforming complacent and ineffective boards. Excellent boards excel in 30 out of 37 assessed tasks, highlighting their superior governance and strategic oversight capabilities. Complacent boards struggle with critical tasks, impacting overall effectiveness.
Directors plan to allocate their time over the next 2 to 3 years with a primary focus on strategy, organizational health, and talent management. A bar chart indicates that 25% of directors intend to significantly increase their focus on strategy, while 27% plan a slight increase, reflecting the growing importance of strategic oversight. Organizational health and talent management show an 18% significant increase in focus. In contrast, risk management and performance management reveal mixed responses, with 36% and 43% of directors, respectively, indicating no change. Investments, M&A, and stakeholder management show reduced focus, with 48% and 56% indicating no change. This suggests a strategic shift towards enhancing internal capabilities over external engagements.
Source: Best Practices in Strategy Development, Board PowerPoint Slides: Board Excellence Primer PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
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