Events
DOI | http://doi.org/10.1002/bl.30016 |
Published date | 01 May 2015 |
Date | 01 May 2015 |
ALSO IN THIS ISSUE
DEALING WITH SELF-INTEREST AMONG
NON-EXECUTIVE DIRECTORS ........ 4
FOOD FOR THOUGHT ................. 4
WHEN WE SAY ... .................... 5
NUMBER 139, MAY–JUNE 2015
www.boardleadershipnewsletter.com
(continued on page 2)
Strategic Foresight: A New
Obligation for Boards of
Directors
by Ruben Nelson
Is your organization in the best possible position to move into the future?
Here’s some important advice from Ruben Nelson, Executive Director of
Foresight Canada.
BOARD LEADERSHIP
INNOVATIVE APPROACHES TO GOVERNANCE
View this newsletter online at wileyonlinelibrary.com
#PBSE-FBEFSTIJQt%0*CMt.BZ+VOF
Introduction
“Start with the end in mind.”
“It is the board’s obligation
to stipulate the Ends of the
organization.”
THESE TWO ADMONITIONS are thor
PVHIMZGBNJMJBSUPUIPTFXIPLOPX
the world of board governance.
Within the Policy Governance® sys
UFNGSBNFXPSL
r*UJTDMFBSUIBUCPBSETTIPVMELFFQ
PVUPGPQFSBUJPOBMBSFBTFYDFQU
UPFOTVSFUIBUUIFFYFDVUJPOPG
the organization’s operations
honor the limits or standards set
by the board.
r*UJTBMNPTUBTDMFBSUIBUBMM
managementGVODUJPOTJODMVEJOH
strategic planningBSFUIF
SFTQPOTJCJMJUZPGUIF$&0"HBJO
the only caveat is the board’s
PCMJHBUJPOUPFOTVSFUIBUUIF
limits and standards it has set
GPSUIF$&0BSFIPOPSFE*TBZ
almostCFDBVTFBUZQJDBMTUSBUFHJD
QMBOOJOHFYFSDJTFVOEFSUBLFOCZ
B$&0XJMMJODMVEFBTUBUFNFOU
PSSFTUBUFNFOUPGUIFi&OETwUIF
organization is to achieve.
4PGPS1PMJDZ(PWFSOBODFCPBSET
BOEJOEFFECPBSETVTJOHBOZHPWFS
OBODFTZTUFNXIFSFEPFTUIFstrate-
gic foresight fit in? Who is responsible
GPSUIJTTUJMMFNFSHJOHBOEOPUZFU
XJEFMZQSBDUJDFEXPSL 'FXPSHBOJ[B
UJPOTJOBOZTFDUPSIBWFBXFMMEFWFM
PQFEGPSFTJHIUDBQBDJUZ4BEMZMBDLPG
role clarity means that it is common
GPSCPUICPBSETBOE$&0TUPBTTVNF
that the responsibility for strategic
foresight rests solely with the CEO
and that boards have no obligation to
engage with it.
*OUIJTTIPSUQJFDF*TIBMMDIBMMFOHF
UIJTQSFTVNQUJPO
"TXFCFHJOCFXBSOFEEBOHFS
MVSLT5IFSFBSFUXPNBJOSFBTPOT
DBSFNVTUCFUBLFO'JSTUMJUUMFIBT
been written on this topic. Since it
JUNE 18–20, 2015
12th International Policy
Governance Association
Conference and 3rd
International Young Governance
Professionals’ Summit
— Pinnacle Vancouver Harbourside
Hotel, Vancouver, Canada
Preconference sessions
JODMVEFBGVMMEBZ1PMJDZ(PW
FSOBODF0SJFOUBUJPO5XPGVMM
EBZTPGPUIFSXPSLTIPQTPO
XJEFSBOHJOHHPWFSOBODFTZTUFN
UPQJDT,FZOPUFTQFBLFS$SBJH
'SFTIMFZBVUIPSPGThe Wisdom
of Group Decisions.
For more information see www
.policygovernanceassociation.org.
SEPTEMBER 11–12, 2015
An Introductory Training
in Policy Governance
— Atlanta Marriott Buckhead Hotel
(formerly the Buckhead Hotel),
Atlanta, Georgia, USA.
Policy Governance is an inte
grated set of concepts and prin
ciples that describes the job of
BOZHPWFSOJOHCPBSE*UPVUMJOFT
the manner in which boards can
CFTVDDFTTGVMJOUIFJSTFSWBOUo
MFBEFSTIJQSPMFBTXFMMBTJOUIFJS
EVENTS
(continued on page 7)
To continue reading
Request your trial