Managing Board Effectiveness & Decision Making - A Toolkit for Directors & Managers

Introduction

Directors are by law considered the fiduciaries in charge of steering their company towards a sustainable future by following sound, ethical and legal governance, and financial management objectives.

When it comes to compliance, board members must conform to the legal requirements of observing their duties towards the company and will likely operate on a 'comply or explain' basis.

Board effectiveness however goes far beyond legal duties, soft law guidance and ‘tick-the-box’ exercises and expands into the realm of real-life group dynamics and the individual human element.

Each director is endowed with their own habits, preferences, past experiences, and individual biases, which in turn impact the board’s culture and decision-making.

Presented by expert speaker Dr Georgina Tsagas, this new virtual classroom seminar will demonstrate how, by reflecting on behavioural psychology, you can avoid governance oversights, support those with decision-making responsibilities and improve overall board effectiveness.

What You Will Learn

This live and interactive session will cover the following:

• Help you identify some of the causes behind derailed discussions, dismissed opinions, side conversations, directors who dominate, and those who seem to be biting their tongue through the lens of behavioural psychology and personality types
• Look at the neurobiology of responses to threat: the fight, flight, freeze and fawn responses and ways to respond with the neutralised ‘face’ response instead
• Provide you with tools that will help develop and enhance qualities such as integrity, independent decision-making, and objectivity
• Provide you with insight on how ‘group-think’, ‘healthy dialogue’, ‘good leadership’ and ‘non-violent communication’ work and their impact on board decision-making
• Explore different forms of biases and provide you with exercises and tools to keep score on what steps you can take to try to overcome them

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.