4.4 Characteristics of boards and board meetings

Question 1

Cross identifies 10 elements that make boards different from other groups or teams:

1 A board meetings only at low f________.

Answer 1

frequency

Question 2

Cross identifies 10 elements that make boards different from other groups or teams:

2 Boards have a duty to solve complex and strategic c________. It is extremely difficult to assess how effective a given decision was.

Answer 2

challenges

Question 3

Cross identifies 10 elements that make boards different from other groups or teams:

3 Boards operate within severe t_____ restraints. Face to face engagement is usually very limited.

Answer 3

time

Question 4

Cross identifies 10 elements that make boards different from other groups or teams:

4 The board is always working with imperfect i_________. It often has access only to indicators of past performance rather than predicted future success.

Answer 4

information

Question 5

Cross identifies 10 elements that make boards different from other groups or teams:

5 The board includes o_________, the NEDs, who are not employed full time and have limited exposure.

Answer 5

outsiders

Question 6

Cross identifies 10 elements that make boards different from other groups or teams:

6 Board members can have high public p_______, often associated with their strong personalities. There may also be a disproportionate volume of flawed personality types in board rooms.

Answer 6

profiles

Question 7

Cross identifies 10 elements that make boards different from other groups or teams:

7 Board membes often have other board/management c___________. This can create a time issues, or may generate conflicts.

Answer 7

commitments

Question 8

Cross identifies 10 elements that make boards different from other groups or teams:

8 Board members are expected to represent a particular s___________ group but are also members of the board as a whole.

Answer 8

stakeholder

Question 9

Cross identifies 10 elements that make boards different from other groups or teams:

9 Boards are typically l______ than senior management teams. Increased size means a higher number of relationships to develop and more personalities to handle.

Answer 9

larger

Question 10

Cross identifies 10 elements that make boards different from other groups or teams:

10 Board meetings have a specific, often lengthy, c_________ process they must follow based on governance mandates.

Answer 10

compliance

Question 11

Richard Chair developed a “three modes” of governing model. The three modes are:

1 F________ governing - ensure resources are used effectively
2 S_______ governing - strategic thinking and planning
3 G_________ governing - framing problems and making sense of them

Answer 11

Fiduciary governing
Strategic governing
Generative governing