The best boards see themselves as a unified team rather than a disparate set of individual voices. An unconventional board can think differently and decide wisely.
The corporate board monitors strategy implementation and results, amend wherever necessary to match changing marketplace conditions, and by doing so to ensure the long-term prosperity of the business.
Unconventional understanding: All real economic growth or societal progress is driven by some sorts of unconventional understanding of things and the world. Unconventional understanding and true wisdom lead to putting more thoughts into things in a logical way and searching for flaws in decisions and that widens the possibility of coming up with alternative solutions. Knowledge is power, but be aware when some of the long-acquired knowledge is no longer applicable in certain situations. People with “unconventional mindset” and learning agility have the willingness and ability to seek out updated knowledge, gain an in-depth understanding, and address their ignorance and the assumptions they make to minimize it.
Unconventional boards think differently and lead innovatively. The important issue is how the corporate board accommodates diverse opinions and how they assess them and converge the diverse thoughts into wise decisions. Some rational or accumulative wisdom that grows with age, or “learning from past experience” are already lagging behind the digital era with blurred geographical, functional, organizational or industrial borders. All of the different approaches are out there to suit different minds to learn. The transformative change needs to deprogram the old mindset, update new knowledge; let go of the “voice from the past,” connect the hearts and minds of people; collectively, transite to the state of “superconsciousness” for making a seamless digital paradigm shift.
The unconventional wisdom in the boardroom comes from the balance of analytics and intuition, thinking fast and slow in making effective decisions: Making decisions at the strategic level is one of the most critical activities of corporate boards. They need to make conscious choices based on their intelligence, past experiences, and taking "tough decisions keeping their sensitivity intact." Analysis just leads to a balancing “act,” which is like a “see-saw.” But, the real balance achieved is an outcome of inner awareness. Both the art of intuition and the science of analytics has the role to play in making wise decisions. The decision-making scenario includes: Identification of tasks, understanding the tasks and how they should be sequenced, and how to leverage information associated with tasks optimally to make effective decisions.
New and different skills and perspectives are needed to effectively address challenges at the board level. The true wisdom leads to putting more thought into things and searching for flaws in decisions and that widens the possibility of coming up with alternative decisions. An insightful outlook of BoDs helps to gain an in-depth understanding of cause and effect based on the identification of relationships and behaviors within a model, context, or scenario of digital transformation, with the goal to improve the corporate board decision effectiveness and leadership maturity.
Character based leadership at the board level presents strong digital leadership traits such as critical/independent thinking, influence, ethics, global perspective, and cultural cognition: Leadership is forward-looking, to make progress. Character sustains leaders about who they really are, and strategy pushes business to concern where they want to go. It starts with having a vision, then developing a plan to achieve it. Authenticity, courage, consistency, etc, are all crucial elements of character. Corporate boards oversee strategies. Character is a great beginning when the strategy is lacking. Without character, the strategy is in dark; without strategy, the business is aimless. Strategies can be changed, altered, modified and pivoted. A leader of character at the board level has to have the courage to make tough decisions that are right versus the one that is popular for either making good policies or co-developing strategies. Understanding character is very relevant and timely for those leaders who are seeking new ways to maximize themselves and human capital initiatives in their organizations, measures, to individual and collective attitudes, beliefs and commitment principles.
There are many important ingredients in effective leadership, such as trust, empathy, influence, humility, etc. In reality, the world is still full of stereotypical leaders, look the same, think the same, and act the same, what is missing? The diversity of thoughts and unconventional understanding; the diamond in a rough and fresh eyes, etc. The best strategy is to engage, yield, redirect, and embrace the interaction of two complementary and opposing forces – Yin and Yang, as the world -both natural world and human world are so dynamic with a balance of energy. Corporate board leaders can see the two sides of the same coin yin and yang, accept and appreciate both to witness the perfect balance of the universe.
Strong team, strong board, strong organization. While their remit is to bring their (ideally) diverse experiences and opinions to bear on the organization’s future, the best boards see themselves as a unified team rather than a disparate set of individual voices. An unconventional board can think differently and decide wisely. When evaluating how well they perform as a collective, forward-thinking boards determine how well everyone works together as a team, and again, whether collectively, they have the right experiences to navigate the changing business environment and still deliver against the organization’s strategy.
Unconventional understanding: All real economic growth or societal progress is driven by some sorts of unconventional understanding of things and the world. Unconventional understanding and true wisdom lead to putting more thoughts into things in a logical way and searching for flaws in decisions and that widens the possibility of coming up with alternative solutions. Knowledge is power, but be aware when some of the long-acquired knowledge is no longer applicable in certain situations. People with “unconventional mindset” and learning agility have the willingness and ability to seek out updated knowledge, gain an in-depth understanding, and address their ignorance and the assumptions they make to minimize it.
Unconventional boards think differently and lead innovatively. The important issue is how the corporate board accommodates diverse opinions and how they assess them and converge the diverse thoughts into wise decisions. Some rational or accumulative wisdom that grows with age, or “learning from past experience” are already lagging behind the digital era with blurred geographical, functional, organizational or industrial borders. All of the different approaches are out there to suit different minds to learn. The transformative change needs to deprogram the old mindset, update new knowledge; let go of the “voice from the past,” connect the hearts and minds of people; collectively, transite to the state of “superconsciousness” for making a seamless digital paradigm shift.
The unconventional wisdom in the boardroom comes from the balance of analytics and intuition, thinking fast and slow in making effective decisions: Making decisions at the strategic level is one of the most critical activities of corporate boards. They need to make conscious choices based on their intelligence, past experiences, and taking "tough decisions keeping their sensitivity intact." Analysis just leads to a balancing “act,” which is like a “see-saw.” But, the real balance achieved is an outcome of inner awareness. Both the art of intuition and the science of analytics has the role to play in making wise decisions. The decision-making scenario includes: Identification of tasks, understanding the tasks and how they should be sequenced, and how to leverage information associated with tasks optimally to make effective decisions.
New and different skills and perspectives are needed to effectively address challenges at the board level. The true wisdom leads to putting more thought into things and searching for flaws in decisions and that widens the possibility of coming up with alternative decisions. An insightful outlook of BoDs helps to gain an in-depth understanding of cause and effect based on the identification of relationships and behaviors within a model, context, or scenario of digital transformation, with the goal to improve the corporate board decision effectiveness and leadership maturity.
Character based leadership at the board level presents strong digital leadership traits such as critical/independent thinking, influence, ethics, global perspective, and cultural cognition: Leadership is forward-looking, to make progress. Character sustains leaders about who they really are, and strategy pushes business to concern where they want to go. It starts with having a vision, then developing a plan to achieve it. Authenticity, courage, consistency, etc, are all crucial elements of character. Corporate boards oversee strategies. Character is a great beginning when the strategy is lacking. Without character, the strategy is in dark; without strategy, the business is aimless. Strategies can be changed, altered, modified and pivoted. A leader of character at the board level has to have the courage to make tough decisions that are right versus the one that is popular for either making good policies or co-developing strategies. Understanding character is very relevant and timely for those leaders who are seeking new ways to maximize themselves and human capital initiatives in their organizations, measures, to individual and collective attitudes, beliefs and commitment principles.
There are many important ingredients in effective leadership, such as trust, empathy, influence, humility, etc. In reality, the world is still full of stereotypical leaders, look the same, think the same, and act the same, what is missing? The diversity of thoughts and unconventional understanding; the diamond in a rough and fresh eyes, etc. The best strategy is to engage, yield, redirect, and embrace the interaction of two complementary and opposing forces – Yin and Yang, as the world -both natural world and human world are so dynamic with a balance of energy. Corporate board leaders can see the two sides of the same coin yin and yang, accept and appreciate both to witness the perfect balance of the universe.
Strong team, strong board, strong organization. While their remit is to bring their (ideally) diverse experiences and opinions to bear on the organization’s future, the best boards see themselves as a unified team rather than a disparate set of individual voices. An unconventional board can think differently and decide wisely. When evaluating how well they perform as a collective, forward-thinking boards determine how well everyone works together as a team, and again, whether collectively, they have the right experiences to navigate the changing business environment and still deliver against the organization’s strategy.
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