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Managing your internal and external board of directors - Joe leech.pdf

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Managing your internal and external board of directors - Joe leech.pdf

  1. 1. Slides & more: mrjoe.uk/board HEY YO! #HeyYoBoS
  2. 2. Slides & more: mrjoe.uk/board How many exec coaches does it take to change a lightbulb?
  3. 3. Slides & more: mrjoe.uk/board One. But the lightbulb has to really want to change. How many exec coaches does it take to change a lightbulb?
  4. 4. Slides & more: mrjoe.uk/board “Every decision in the world is made by the person who has the power to make that decision - not the ‘right’ person, or the ‘smartest’ person, or the ‘most quali fi ed’ person.” – Marshall Goldsmith Slides & more: mrjoe.uk/board
  5. 5. Slides & more: mrjoe.uk/board Managing your internal and external board of directors Mr Joe Leech 4th April 2022
  6. 6. Slides & more: mrjoe.uk/board
  7. 7. Slides & more: mrjoe.uk/board I know this is a bad idea
  8. 8. Slides & more: mrjoe.uk/board Furious Worker
  9. 9. Slides & more: mrjoe.uk/board IMP Furious Worker
  10. 10. Slides & more: mrjoe.uk/board £$€ Furious Worker
  11. 11. Slides & more: mrjoe.uk/board £$€ Furious Worker
  12. 12. Slides & more: mrjoe.uk/board You would have a bunch of people standing around in a cave, chatting and socializing and not getting anything done.” “What would happen if the autism gene was eliminated from the gene pool? – Temple Gradin Photo credit https://quotepark.com/media/authors/temple-grandin.jpeg
  13. 13. Slides & more: mrjoe.uk/board £$€ IMP Furious Worker + ~10 more
  14. 14. Slides & more: mrjoe.uk/board “I hate board meeting, I hate the grilling “I don’t think it’s fair to put my senior team in front of the board “Honestly, I’m intimidated every time “I hate all the preparation and the detail I need
  15. 15. Slides & more: mrjoe.uk/board https://hbr.org/2002/09/what-makes-great- boards-great https://speaking.com/wp-content/uploads/2018/09/jeffrey-sonnenfeld-hero.jpeg Jeffrey Sonnenfeld Lester Crown Professor in the Practice of Management at Yale School of Management, and SeniorAssociate Dean for Leadership Studies. “We’ll be fi ghting the wrong war if we simply tighten procedural rules for boards and ignore their more pressing need —to be strong, high-functioning work groups whose members trust and challenge one another and engage directly with senior managers on critical issues facing corporations.”
  16. 16. Slides & more: mrjoe.uk/board
  17. 17. Slides & more: mrjoe.uk/board https://hbr.org/2002/09/what-makes-great- boards-great https://speaking.com/wp-content/uploads/2018/09/jeffrey-sonnenfeld-hero.jpeg Jeffrey Sonnenfeld Lester Crown Professor in the Practice of Management at Yale School of Management, and SeniorAssociate Dean for Leadership Studies. “We’ll be fi ghting the wrong war if we simply tighten procedural rules for boards and ignore their more pressing need —to be strong, high-functioning work groups whose members trust and challenge one another and engage directly with senior managers on critical issues facing corporations.” BUT HOW?
  18. 18. Slides & more: mrjoe.uk/board
  19. 19. Slides & more: mrjoe.uk/board Insurance Bigwig
  20. 20. Slides & more: mrjoe.uk/board Things are going reallywell.
  21. 21. Slides & more: mrjoe.uk/board We need to consolidate & protect We need to minimise risk We need more process Insurance Bigwig Manager
  22. 22. Slides & more: mrjoe.uk/board Merrill Lynch Exec
  23. 23. Slides & more: mrjoe.uk/board Merrill Lynch Exec aka The Critic What more could we be doing The team is too inexperienced Our competitors are breathing down our neck
  24. 24. Slides & more: mrjoe.uk/board “I hate board meeting, I hate the grilling “I don’t think it’s fair to put my senior team in front of the board “Honestly, I’m intimidated every time “I hate all the preparation and the detail I need
  25. 25. Slides & more: mrjoe.uk/board The Veteran Founder
  26. 26. Slides & more: mrjoe.uk/board We need towork harder We need to expand The Veteran Founder Firefighter Where is this coming from?
  27. 27. Slides & more: mrjoe.uk/board Non-exec co-founder
  28. 28. Slides & more: mrjoe.uk/board We need to fire the under performers Wouldn’t it be great ifwe [blocked chained /AI-ed / Rocket-powered] it Non-exec co-founder aka The Exile
  29. 29. Slides & more: mrjoe.uk/board Well we can just ignore them, right? RIGHT?
  30. 30. Slides & more: mrjoe.uk/board Well we can just ignore them, right? RIGHT?
  31. 31. Slides & more: mrjoe.uk/board Non-exec co-founder aka The Exile Merrill Lynch Exec aka The Critic The Veteran Founder aka The Firefighter Insurance Bigwig aka Manager
  32. 32. Slides & more: mrjoe.uk/board Things aren’t going aswell as expected.
  33. 33. Slides & more: mrjoe.uk/board Merrill Lynch Exec aka The Critic
  34. 34. Slides & more: mrjoe.uk/board Merrill Lynch Exec aka The Critic I told you so
  35. 35. Slides & more: mrjoe.uk/board We need to consolidate & protect We need to minimise risk We need more process Insurance Veteran Manager
  36. 36. Slides & more: mrjoe.uk/board We need towork harder We need to expand The Veteran Founder Firefighter
  37. 37. Slides & more: mrjoe.uk/board We need to fire the under performers Non-exec co-founder aka The Exile Wouldn’t it be great ifwe [blocked chained /AI-ed / Rocket-powered] it
  38. 38. Slides & more: mrjoe.uk/board So, what do we do?
  39. 39. Slides & more: mrjoe.uk/board Listen, thank them for their comment. Why are they saying this? Is this the right thing to do? What should we do?
  40. 40. Slides & more: mrjoe.uk/board Non-exec co-founder aka The Exile Merrill Lynch Exec aka The Critic The Veteran Founder aka The Firefighter Insurance Bigwig aka Manager
  41. 41. Slides & more: mrjoe.uk/board https://twitter.com/elonmusk/status/1215212801876090880 https://twitter.com/elonmusk/status/1256239815256797184
  42. 42. Slides & more: mrjoe.uk/board https://twitter.com/elonmusk/status/1215212801876090880 https://twitter.com/elonmusk/status/1256239815256797184 Manager Fire fi ghter Exile Critic
  43. 43. Slides & more: mrjoe.uk/board https://twitter.com/elonmusk/status/1215212801876090880 https://twitter.com/elonmusk/status/1256239815256797184 https://twitter.com/elonmusk/status/1457064697782489088
  44. 44. Slides & more: mrjoe.uk/board Once you start see the directors of others, you can start to see yours.
  45. 45. Slides & more: mrjoe.uk/board https://twitter.com/justinkan/status/1436041983772938251?s=21
  46. 46. Slides & more: mrjoe.uk/board What if Imposter Syndrome is a Feature not a Bug? https://businessofsoftware.org/2018/02/impostor-syndrome-hangout/ https://mrjoe.uk/imposter-syndrome-is-a-feature-not-a-bug/ IMP
  47. 47. Slides & more: mrjoe.uk/board https://businessofsoftware.org/2018/02/healthy-wealthy-wise-jason-cohen-wpengine-bos-usa-2017/ https://twitter.com/notch/status/637562496056995840?lang=en-GB Healthy, Wealthy & Wise, Jason Cohen, WPEngine, BoS USA 2017
  48. 48. Slides & more: mrjoe.uk/board £$€ IMP Furious Worker + ~10 more
  49. 49. Slides & more: mrjoe.uk/board Who is driving the bus?
  50. 50. Slides & more: mrjoe.uk/board https://www.digitalspy.com/movies/oscars/a39553162/will-smith-chris-rock-oscars-confrontation/
  51. 51. Slides & more: mrjoe.uk/board Internal Family Systems (IFS)
  52. 52. Slides & more: mrjoe.uk/board Curiosity Compassion Clarity Connectedness Creativity Courage Con fi dence Calm True self
  53. 53. Slides & more: mrjoe.uk/board £$€ IMP Furious Worker + ~10 more
  54. 54. Slides & more: mrjoe.uk/board https://www.digitalspy.com/movies/oscars/a39553162/will-smith-chris-rock-oscars-confrontation/ In your highest moments, be careful, that’s when the devil comes for you – Denzil Washington
  55. 55. Slides & more: mrjoe.uk/board
  56. 56. Slides & more: mrjoe.uk/board
  57. 57. Slides & more: mrjoe.uk/board £$€ IMP Furious Worker + ~10 more Just squash them, banish them…
  58. 58. Slides & more: mrjoe.uk/board Well we can just ignore them, right? RIGHT?
  59. 59. Slides & more: mrjoe.uk/board Listen, thank them for their comment. Why are they saying this? Is this the right thing to do? What should we do?
  60. 60. Slides & more: mrjoe.uk/board Curiosity Compassion Clarity Connectedness Creativity Courage Con fi dence Calm True self This is the underlying operating system.
  61. 61. Slides & more: mrjoe.uk/board Curiosity Compassion Clarity Connectedness Creativity Courage Con fi dence Calm Leadership This is the underlying operating system.
  62. 62. Slides & more: mrjoe.uk/board
  63. 63. Slides & more: mrjoe.uk/board – Dinesh Paliwal, Harman International "When we go to our board now, every business strategy is described in one page, with simple messaging. 1. What is the goal, the core message, in one line? 2. What are the three key actions we're taking? 3. What are the three key challenges? 4. How do we measure success in twelve months?
  64. 64. Slides & more: mrjoe.uk/board – Dinesh Paliwal, Harman International “My board members read that, and it's much easier for them to understand. Simplifying the message is not just an art. It is a practice, and it doesn't happen in one day. It doesn't come naturally to most of us. It's work and you have to spend time on it."
  65. 65. Slides & more: mrjoe.uk/board Curiosity Compassion Clarity Connectedness Creativity Courage Con fi dence Calm Leadership This is the underlying operating system.
  66. 66. Slides & more: mrjoe.uk/board – Dinesh Paliwal, Harman International "When we go to our board now, every business strategy is described in one page, with simple messaging. 1. What is the goal, the core message, in one line? 2. What are the three key actions we're taking? 3. What are the three key challenges? 4. How do we measure success in twelve months?
  67. 67. Slides & more: mrjoe.uk/board £$€ IMP Furious Worker +13 more
  68. 68. Slides & more: mrjoe.uk/board “Every decision in the world is made by the person who has the power to make that decision - not the ‘right’ person, or the ‘smartest’ person, or the ‘most quali fi ed’ person.” – Marshall Goldsmith Slides & more: mrjoe.uk/board
  69. 69. Slides & more: mrjoe.uk/board Who is on your internal board of directors? Homework: Joe@MrJoe.uk
  70. 70. Slides & more: mrjoe.uk/board HEY YO! #HeyYoBoS
  71. 71. Slides & more: mrjoe.uk/board joe@mrjoe.uk Stay in touch @mrjoe mrjoe.uk mrjoe.uk/board Linkedin.com/in/joeleech/

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