Assessing Strategic Practices of Low Impact Boards PPT

This PPT slide, part of the 20-slide High Impact Boards PowerPoint presentation, presents an overview of "Low Impact Boards" and their approach to strategy practices. It highlights that a significant portion of directors within these boards focus primarily on minimizing biases in their decision-making processes. The content is structured into 2 main categories: "Rigorous" and "Basic" strategy practices, each containing specific activities that boards might engage in.

Under the "Rigorous" category, practices such as reducing decision biases, evaluating resource reallocation, and assessing value drivers are mentioned. However, it is noted that these practices are not widely adopted among low-impact boards, as indicated by the empty circles next to most of these activities. The slide suggests that while these practices are recognized as important, they are not commonly implemented.

The "Basic" category includes practices like adjusting strategy based on changing conditions and assessing whether the strategy stays ahead of trends. Again, the lack of widespread adoption is evident, with only a few practices marked as being practiced by a minority. The slide emphasizes that engaging in innovation and assessing portfolio diversification are areas where low-impact boards show limited activity, which could hinder their overall effectiveness.

The visual representation of the data, with circles indicating the level of practice, reinforces the notion that these boards are not agile in deploying strategic practices. The slide serves as a critical reflection on the operational shortcomings of low-impact boards, suggesting that their approach may not align with best practices in governance and strategic oversight. This insight could be valuable for organizations looking to enhance their board effectiveness and strategic alignment.

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Corporate Board Agile Best Practices Innovation Governance