From Informed Decisions: Conversations and Q&A with Randall Craig and Ronja Francoeur

From Informed Decisions: Conversations and Q&A
with Randall Craig and
Ronja Francoeur

Governance in a Time of Disruption

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About this episode: 

Building a healthy “bench” builds management depth, improves employee retention and motivation, and reduces organizational risk. Yet why is it so challenging to actually implement?

Let's talk about:

• How to create a healthy succession planning culture (and why it’s harder than it looks)

• How to address succession planning roadblocks

• How to level up the people who are going to backfill key positions

• Knowledge transfer best practices (and other tactical recommendations)

Whether your interest is private, public, or not-for-profit boards, spend an hour with Randall Craig and Ronja Francoeur (both board members and iGP Innovation Governance Program certificate holders) to talk governance and the role of directors during times of disruption.

Part 1

Part 2

Topics Discussed (with timestamps)

•   What does board governance look like today for the modern board member? (01:09)

•   How is AI impacting boardrooms and governance? (05:04)

•   Can a trained GPT replace –or even outpace – the contribution of flesh and blood board members? What is the unique value of “human” board members? (09:36)

•   How do you think board operations or board focus will be different in five to ten years from now? (15:45)

•   CEO as chair of the board vs Independent Chair: Are there circumstances when it would be appropriate for the chair to be the CEO? (23:35)

•   Board member compensation: How does board compensation impact the board? (27:17)

•   Many board members have held the role of CEO or other organizational leadership title; what “mental switching” has to happen for CEOs to understand their role as board member? (31:56)

•   What does “noses in, fingers in” mean, and what is the impact on the organization? (00:34)

•   DEI: Do you think diversity will be part of the conversation in the long term or is it a “bridge” until boards come to organically reflect the communities they serve? (04:01)

•   Whistleblowing: What suggestions do you have for board members who feel they have lost confidence in the board they sit on? (11:09)

•   Do you see any changes in the board meeting structure? Will technology offer opportunities for change? (14:26)

•   Practical or principled: Should board meetings and board retreats be held centrally, and where most of the board members live, or should the meet-ups rotate around the country to accommodate board members who live far afield? (21:05)

•   What is the ideal board composition? (25:45)

•   Scarce availability of high-quality readily available content (eg. webinar recordings, podcast, blogs. etc.) on board governance: Why? Does the real learning only happen on the job behind non-disclosure agreements? (31:41)

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Governance in a Time of Disruption

About this episode: 

Building a healthy “bench” builds management depth, improves employee retention and motivation, and reduces organizational risk. Yet why is it so challenging to actually implement?

Let's talk about:

• How to create a healthy succession planning culture (and why it’s harder than it looks)

• How to address succession planning roadblocks

• How to level up the people who are going to backfill key positions

• Knowledge transfer best practices (and other tactical recommendations)

Part 1

Topics Discussed (with timestamps)

•   What does board governance look like today for the modern board member? (01:09)

•   How is AI impacting boardrooms and governance? (05:04)

•   Can a trained GPT replace –or even outpace – the contribution of flesh and blood board members? What is the unique value of “human” board members? (09:36)

•   How do you think board operations or board focus will be different in five to ten years from now? (15:45)

•   CEO as chair of the board vs Independent Chair: Are there circumstances when it would be appropriate for the chair to be the CEO? (23:35)

•   Board member compensation: How does board compensation impact the board? (27:17)

•   Many board members have held the role of CEO or other organizational leadership title; what “mental switching” has to happen for CEOs to understand their role as board member? (31:56)

Part 2

Topics Discussed (with timestamps)

•   What does “noses in, fingers in” mean, and what is the impact on the organization? (00:34)

•   DEI: Do you think diversity will be part of the conversation in the long term or is it a “bridge” until boards come to organically reflect the communities they serve? (04:01)

•   Whistleblowing: What suggestions do you have for board members who feel they have lost confidence in the board they sit on? (11:09)

•   Do you see any changes in the board meeting structure? Will technology offer opportunities for change? (14:26)

•   Practical or principled: Should board meetings and board retreats be held centrally, and where most of the board members live, or should the meet-ups rotate around the country to accommodate board members who live far afield? (21:05)

•   What is the ideal board composition? (25:45)

•   Scarce availability of high-quality readily available content (eg. webinar recordings, podcast, blogs. etc.) on board governance: Why? Does the real learning only happen on the job behind non-disclosure agreements? (31:41)

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