Shifting Board Roles: From Compliance to Strategy PPT
This PPT slide, part of the 53-slide Value-Driven Boards - Frameworks, Models and Tools PowerPoint presentation, presents a comparative analysis of the current versus desired roles of board directors, utilizing the Tricker model. It highlights how directors allocate their time across compliance and performance roles, categorized into external and internal roles.
On the left side, the current allocation shows that 22% of time is spent on providing accountability and 23% on strategy formulation, with a significant 41% dedicated to monitoring and supervising. This suggests a heavy focus on compliance and oversight, with only a small portion of time directed towards strategic initiatives. The internal role of monitoring and supervising dominates, indicating a reactive approach rather than a proactive one.
The right side illustrates the desired allocation, revealing a marked shift in focus. The percentage for providing accountability drops to 13%, while strategy formulation rises sharply to 49%. This indicates a strong desire among directors to prioritize strategic thinking and future-oriented activities. The internal role of monitoring and supervising also decreases to 24%, suggesting a move towards a more balanced approach that emphasizes both oversight and strategic engagement.
The slide underscores a critical insight: effective boards need to adapt their focus from predominantly past-oriented compliance roles to future-oriented performance roles. This shift is essential for boards aiming to drive value and strategic direction within their organizations. The data reflects a growing recognition among directors of the need to evolve their roles to better align with the demands of modern governance.
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 Strategic Thinking Governance Compliance
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