Is Your Board Aligned on Risk?
We need to thoughtfully embrace risk-taking in pursuit of our goals. On that, we can all agree. The right mix of board members can stimulate innovation and creativity, which will ultimately cascade throughout the enterprise.
Hidden attitudes towards risk among board members can be a primary driver of that success or an impediment. Because the future is more difficult to predict than ever, we need to ensure that our members' attitudes towards risk foster a dynamic and adaptive boardroom.
What is your collective attitude towards risk-taking? Are you wary or prudent? Are you resolute or enterprising and bold? Do you have conflicting perspectives among members which may cause conflict and hamper your strategic discussions of risk-taking? And what profile best matches your organization's purpose and objectives?
We'll help you understand how your board's risk profile compares with your stated risk preferences and goals, whether your crucial board committees have risk profiles in alignment with the expectations of those committees, and where you might want some change.