What makes a truly effective board?
- Having a clear sense of purpose and vision for the organisation which is understood by everyone.
- Having the right people on the board working together in the most effective way
- Having the right processes in place.
This virtual session will focus on Purpose, People and Process and is rooted in the practical realities of life on a board as well as some of the tough dilemmas that directors face. It takes into account what has changed for boards as a result of the pandemic including what Chairs are now looking for in their board members. It will be highly interactive with the aim of providing a thought provoking, useful and practical stimulus to help board members provide the right blend of oversight and support required to both protect and increase value and impact for their organisations.
Drawing on his extensive range of experience working with and on boards in many sectors, the themes explored reflect those covered in Patrick's recent award-winning book entitled 'Boards'. Every attendee will receive a free FT branded copy of ‘Boards’ after the event. This virtual workshop has been designed to allow Patrick to share his knowledge and experience in his own inimitable, lively and entertaining way.
Gain the opportunity to:
- Gain a good introduction or refresher on the fundamentals of being an effective board and board member.
- Explore what's changed for boards already and what is likely to change as a result of the pandemic.
- Dive deep into the relationship between the board and the executive and look at how the most effective boards manage this key intersection.
- Interact with an experienced Chair and practice board room challenging, decision making and influencing skills.
The content for this session is framed by three words ‘Purpose’, ‘People’ and ‘Process’ an is viewed through a series of practical real-life examples supported by useful frameworks and techniques.
- PURPOSE - insight into the practicalities of running the organisation, who has responsibility for what and how they interact with each other and manage key stakeholder relationships. What is the board meant to deliver and how does it do that?.
- PEOPLE - this session looks at how to make sure that the individuals on a board come together to form a cohesive, effective and robust board which will help the organisation to flourish in the short- and long-term. It will also focus on the characteristics of successful board members
- PROCESS - effective board processes provide the ‘plumbing’ that the board needs to function effectively. This session looks how to ensure that the core board processes are effective and how to get the balance right between having the right processes in place and avoiding having either too much or irrelevant board processes.
Patrick Dunne has extensive experience of working with boards in Europe, Asia and North America. He is currently Chairman of board consultancy Boardelta, the charities the EY Foundation and ESSA- Education Sub Saharan Africa and also of the Chartered Management Institute’s Board of Companions. Patrick is also member of the advisory boards of Bridges Social Entrepreneurs Fund and the FT NED club and a former chairman of smart materials business D3O. His executive experience includes 26 years in a variety of investment and management roles with 3i Group plc where, until 2012, he was Communications Director, a member of its Operating committee and Chairman of its Operational Risk forum. From 1990 to 1997 he built a resource of over 600 experienced directors who were appointed to over 2,000 boards for 3i in 14 countries across Europe, Asia and North America. The programme he established became widely recognised as a model of adding value and a leader in best practice. As a member of the Higgs review in 2003 Patrick has also played a role in shaping governance policy for UK listed companies.The author of three successful books on the subject, Patrick has helped to establish many successful courses on board skills over the last twenty years including for the BVCA, EVCA, FT and ICAEW and helped Chairman across a wide range of sectors to transform the effectiveness of their boards. These have included start-ups; buy out businesses, long established family companies as well as major public organisations. Today he provides this service through Boardelta. Patrick has a passion for education and was a member of the General Council of the University of Warwick from 2006 to 2015. He is a Visiting Professor at Cranfield School of Management, an Associate Fellow at Warwick Business School and former member of Business in the Community’s education leadership group. He also has extensive experience of developing social enterprises using venture philanthropy techniques, most notably with Leap where he was Chairman, from 2006 to 2015, and with Warwick in Africa which he founded in 2006. Warwick in Africa has now benefited over 280,000 young Africans with transformed Maths and English teaching.