This PPT slide, part of the 53-slide Value-Driven Boards - Frameworks, Models and Tools PowerPoint presentation, presents a framework for understanding the dynamics of high-performance boards, emphasizing the interplay between various components that contribute to effective governance. At the center is the concept of "Board Dynamics," which acts as a nexus connecting 3 key elements: Board Competencies, Board Behaviors, and Board Structures.
Board Competencies focus on the essential attributes that members should possess, including knowledge, skills, abilities, and contacts. These competencies are crucial for informed decision-making and strategic oversight. The slide suggests that a board's effectiveness is significantly influenced by the collective expertise of its members.
Board Behaviors encompass the interpersonal aspects that govern how board members interact. This includes their personality traits, values, norms, and the nature of board-management relations. The emphasis here is on the qualitative aspects of board interactions, which can greatly affect the board's overall performance and cohesion.
Board Structures refer to the formal mechanisms that guide the board's operations. This includes established policies, processes, procedures, and committees. These structures provide the necessary framework for accountability and governance, ensuring that the board functions smoothly and effectively.
To the right, the slide outlines specific Board Roles, which include strategic functions such as CEO selection and monitoring, risk management, compliance, and stakeholder communication. This section highlights the practical applications of the board's dynamics and structures in fulfilling its responsibilities.
The overarching message is clear: for a board and management team to achieve sustainable value, they must operate at a high level across these interconnected dimensions. This framework serves as a guide for organizations aiming to enhance their governance practices.
This slide is part of the Value-Driven Boards - Frameworks, Models and Tools PowerPoint presentation.
MBB/Big 4 style presentation that explores select frameworks, models and tools that can help build an effective, strategic and value-driven board
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Corporate Board Shareholder Value Risk Management Governance Compliance
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