Day 1 - Director Dkills & Board Values

Question 1

Where are you from

Answer 1

Nō hea koe?

Question 2

Four Māori cultural values important for Directors

Answer 2

Whanaungatanga, Kotahitanga, Manaakitanga, Rangatiratanga

Question 3

Two broad leadership styles

Answer 3

Transactional (traditional), Transformational

Question 4

Five elements of emotional agility

Answer 4

1. Attunement; 2. Equipoise; 3. Metis; 4. Sympathy; 5. Self-reflection

Question 5

Attunement

Answer 5

the ability to accept what others have to say and to learn from what they have to offer

Question 6

Equipoise

Answer 6

The ability to monitor thinking and correct for biases and shortcomings

Question 7

Metis

Answer 7

The ability to see patterns in the world and derive gist from complex situations

Question 8

Four levels of listening

Answer 8

1. Downloading; 2. Factual listening; 3. Empathy listening; 4. Generative listening

Question 9

Downloading (listening level)

Answer 9

From habit; reconfirming old opinions and judgements

Question 10

Factual listening

Answer 10

From outside; disconfirming data

Question 11

Empathy listening

Answer 11

From within; seeing through another person’s eyes; emotional connection

Question 12

Generative listening (top)

Answer 12

Connecting to an emerging future whole; shift in identity and self; generates new meaning or value

Question 13

40:70 rule

Answer 13

For decision making. If a decision is reversible, you can make it with only 40% of data; if a decision is irreversible, you cannot make it unless you have at least 70% of the data

Question 14

Five thinking traps (biases)

Answer 14

1. Cognitive; 2. Selection; 3. Homophily; 4. Confirmation bias; 5. Group think

Question 15

Cognitive bias

Answer 15

Bias based on your expertise

Question 16

Selection bias

Answer 16

bias introduced by the selection of individuals, groups, or data for analysis in such a way that proper randomization is not achieved, thereby failing to ensure that the sample obtained is representative of the population

Question 17

Homophily

Answer 17

Picking/favouring those like us

Question 18

Confirmation bias

Answer 18

Favoring information and people who confirm our existing beliefs

Question 19

Group think

Answer 19

Prioritisation of easy road where everyone agrees; conflict averse. Instead, often should be walking out of board room just a little uncomfortable about challenging the situation.

Question 20

Five values diversity brings to a board

Answer 20

1. avoid/overcome bias; 2. bring innovative/new thinking; 3. better see risk and opportunity from different perspectives; 4. diversity of thought and breadth of conversation; 5. organisation of belonging and connection

Question 21

The three “C”s of forming an effective board

Answer 21

1. Composition; 2. Competence; 3. Conduct

Question 22

Four key competencies of an effective board member

Answer 22

1. strategic and governance leadership; 2. informed decision making; 3. business acumen; 4. good communication skills

Question 23

Whanaungatanga

Answer 23

Recognising and acknowledging our interconnectedness

Question 24

Kotahitanga

Answer 24

Unity of purpose, solidarity, togetherness, and collective action

Question 25

Manaakitanga

Answer 25

To create, maintain, and strengthen good relationships

Question 26

Rangatiratanga

Answer 26

Independence, autonomy, and self-determination