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Strategic
Board Checklist
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| 10
Signs of a Strategic Board |
Rate
Your Board
0 = Nil Skill
2 = Excellent skills
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Recommended
Remedial Action |
1.
Simultaneous focus on strategic behaviour as well as on financial
outcomes
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2.
Engages early in the strategy process
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3.
Embeds 'strategic conversations' into the Board agenda at every meeting.
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4.
Has systems in place to provide appropriate intelligence to the Board
in order to make a meaningful contribution to strategic review.
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5.
Recognise strategic capabilities in Board and CEO selection and develops
strategic thinking skills of Board and CEO.
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6.
Encourages informal dialogue between Directors and between Directors
and management.
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7.
Involves all Board members in strategy setting.
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8.
Holds regular strategy workshops - outside the normal Board meeting
calendar - involving the Board and management.
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9.
Has a 3 year strategic planning timeframe.
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10.
Fosters a culture where
- Board and management are joint participants in the strategy process
- Board can ask incisive questions without being seen as a threat
to management
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