Innovative board needs to extend its insight and innovation lens via cognitive difference.
1 A highly effective and wise Board exhibits a creative tension, that hard to define, but you know it when you see it.
Modern corporate boards play significant roles in guiding businesses in the right direction and achieve expected business results. Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals. Here is the book “Digitizing Boardroom” Quote Collection I
2. “Thinking professionally” is the first step in building a high-performance digital Board.
3. A strategic board has a view of looking ahead, an insight to look deeper, and competency to look beyond.
4 The fitting BoD is less about physical strength, more about mental toughness, with fitting minds and fresh eyes.
5 Innovation is too important to leave solely in the hands of the management team without any Board oversight or guidance.
6 The foremost thing is to realize that IT is strategic at board level.
7 Dynamism consists in being able to break away from the static, being proactive.
8 A tech-savvy Board sets a right tone for shaping the culture of innovation.
9. The ignorance about the importance of cognitive differences and the behavioral dynamics that operate within their Board is contributing to the generally poor performance of Board.
10 Ultimately, a cognitive Board is seeking the “Diversity of Thought” and the “Color of Character.”
11 “Learning” and “Performance” are key fundamental themes of better organizational governance.
12 Agile is more a “direction,” than an “end,” a philosophy and mindset at board level.
13 The Board’s role is to pull management out of the trees to see the forest.
14 The Board needs to extend its insight and innovation lens via cognitive difference.
15 A decisive Board is cogitative, proactive, and supportive.
16 A focused Board concentrates on strategy oversight and governance practices, to avoid getting lost in the forest.
17 Modern Boards set key tones in building fact-based business culture.
18 Heterogeneous BoDs with independent thinking enforce governance, and diversity strengthens creativity.
19 “Group Thinking” or lack of courage to ask the tough and strategic questions is the chief weakness on Boards today.
20 A harmonic, forward-looking approach to practice governance discipline has to be put at the heart of corporate board in the digital age.
21 An effective Board can connect all the right dots well.
22 A Board can be harmonized through leadership humility, insightful business understanding, trustful culture, and learning agility.
23 A wise board accumulates rational wisdom, embraces unconventional wisdom and sharpens system wisdom.
24 A strategic thinker always “keeps the end in mind.”
25 The strategy is a living ever-evolving pivoting mechanism.
26 Strategy oversight is important in tuning and updating a dynamic digital strategy.
27 Vision is about zooming into the future as if it were closer.
28 Strategic wisdom is an integral and multidimensional intelligence.
29 A strategy is a combination of an origin, a destination, and a route to get from origin to destination.
30 The real strategic differentiation is to create true value, look forward, not backward, and present the advanced uniqueness to shine through.
31 Silo builds the wall in people’s minds and creates the barrier in organizations’ “hearts.”
32 In a world of well-defined problems, directors are required to exercise influence over volatility, manage uncertainty, simplify complexity, and resolve ambiguity in the 21st-century digital environment.
0 comments:
Post a Comment