Friday, January 22, 2016

How Do You Maximize Board Dynamics?

There is a myth: people who serve on a board of directors are above human folly. Yet, there are many dysfunctional boards. Some of those companies are privately held. Others are large publicly traded corporations. The common ground between the two is people. A board of directors is filled with human beings who come to the table with skills, training and development that they acquired over the years.Depending on the career path of the individual, each board member will have different skills sets, communication skills and expertise. That training and development does not guarantee effective collaboration and communication of a body of 5-15 people. In fact, the varying backgrounds and viewpoints can eventually become a platform for heated disagreement. How that disagreement is managed will determine whether the board is effective or dysfunctional.Who ultimately determines the effectiveness? It would be the Chairman or lead director. In most cases, the Chairman is a seasoned executive who can command the attention of all members of the board. However, being seasoned does not guarantee the ability to effectively manage human dynamics. Because of that, many boards overtly orcovertly face dysfunction.With that said, it is essential that each board member, especially the Chairman, participate in training that empowers them to distinguish how they sabotage themselves or the board. With special training, each member can be responsible for their own behavior. When they are not, the Chairman will be able to address the board in such a way everyone understands the language and protocol for getting back on track.First, one will need to be able to recognize the human dynamics that can sabotage any group of people.https://www.youtube.com/watch?v=UoAjgFGtkqsWhat do you think?www.turnaroundip.blogspot.com.Article Source:http://EzineArticles.com/expert/Ted_Santos/1581685

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