Time Allocation Insights for High-Impact Boards PPT

This PPT slide, part of the 20-slide High Impact Boards PowerPoint presentation, presents findings from a McKinsey survey regarding the time commitment of high-performing boards in various strategic areas. It highlights that these boards allocate significantly more time to critical activities such as performance management, mergers and acquisitions (M&A), organizational health, and risk management. The data is structured to show the average number of days per year that board members dedicate to each issue, with a total of 25 days indicated for overall engagement.

The chart breaks down the time commitment by specific issues. Strategy and performance management each receive around 4 days, while execution, investments, and M&A take 3 days. Organizational health and talent management, along with business-risk management, are allocated 2 to 5 days, suggesting a focus on these areas is essential for board effectiveness. Core governance and compliance also receive 4 days, indicating that even foundational responsibilities are prioritized.

The survey results imply that boards with lower impact recognize the need for deeper engagement, but often fall short in their time commitments. This discrepancy highlights a potential gap in board effectiveness, suggesting that increased focus on these key areas could enhance overall performance. For potential customers, this slide serves as a compelling argument for the necessity of dedicating adequate time to strategic oversight and governance activities. It underscores the importance of aligning board time allocation with organizational priorities to achieve desired outcomes. The insights presented could guide boards in reassessing their time management strategies to improve effectiveness and impact.

This slide is part of the High Impact Boards PowerPoint presentation.

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Corporate Board Performance Management Risk Management Talent Management Organizational Health Time Management M&A Governance Compliance

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