Recently I highlighted the 7 key areas in having a Winning Club.
Today, I am going to focus on
Ensure the right governance structure is in place & the committee understands their roles & responsibilities.
To ensure that the management of a club remains transparent & accountable, it is recommended that a rotation of committee positions be conducted every 3 to 5 years.
Good corporate governance plays a vital role in underpinning the integrity & efficiency of a committee. A balance between Performance & Compliance.
Tomorrow's boards must consider dynamic renewal, bringing fresh perspectives & hashtag#diversity of thinking at a functional as well as cultural level. Committees can accelerate the process of enriching the hashtag#committee through thinking through gender, educational, cultural, global & experiential diversity.
Committees must move away from group think & an "OLD BOYS or OLD GIRLS CLUB" mentality.
Move away from "group think" The Chairperson may recruit & appoint people who are very similar to themselves & like the same sports and activities.
Every committee has its own DNA, one size does not fit all.
Tom Ferris, an author said,
#strategy #diversity #board #committee#strategicframework