Board dynamics are the ways individual company directors interact with each other during and outside of board meetings. Board interactions include language used, ways of speaking, how they express their ideas, how they debate their ideas, how they make decisions, and much more. The strength of relationships between board members are a good indication of the health of a company. Board dynamics can make or break the success of the Board.
Boards come together as a team of senior leaders to cooperate, collaborate, and work with other directors to provide critical governance for an organization. They must function effectively and maintain their independence while simultaneously ensuring a healthy, constructive dynamic rather than see themselves as a group of individual professionals. For this reason, boards must be vigilent in their deliberate practice and reflection on their shared working practices.Ongoing assessment, development and coaching can provide vital ingredients for creating and maintaining a cohesive board with healthy board dynamics while preserving the independent oversight provided by each director.
A well-tuned board makes for more effective boards and better businesses.
The Board Effectiveness Profile™ provides a mechanism for board directors to share and compare views of the way their directors interact on the board. The Board’s results are also compared with other firms’ boards to benchmark its working practices and provide opportunities for deliberate development to meet their strategic objectives.
It helps boards develop, transition, and maintain their boardroom standards, behaviors, and ethics by providing an objective means of assessing the group’s behaviors and perceptions to describe the complex dynamics of board-level relationships. This tool helps boards and their directors develop their effectiveness in meeting the complex demands of today while preparing for those of the future.
