Tango of Trust: The Delicate Dance of CEO-Board Chair Relationships

2023-08-15

This week, we are discussing the importance of the board chair/CEO relationship and why this relationship is so important to cultivate. Just like with any relationship, the board chair and CEO need to be intentional about growing their relationship, set expectations, and be clear on each other's role. Without clear expectations, the board chair might overstep into the operations and or the CEO might overstep into governance. Each person has a specific role they should fulfill. The CEO runs the operations of the organization, the board...

This week, we are discussing the importance of the board chair/CEO relationship and why this relationship is so important to cultivate.

Just like with any relationship, the board chair and CEO need to be intentional about growing their relationship, set expectations, and be clear on each other's role. Without clear expectations, the board chair might overstep into the operations and or the CEO might overstep into governance. Each person has a specific role they should fulfill. The CEO runs the operations of the organization, the board chair leads the board of directors.

Without a working relationship, the CEO or Board Chair can cause problems for the organization, becoming a bottleneck or not providing the support needed to the other.

Timestamps:

(00:40) The Board Chair and CEO relationship

(02:30) Why the relationship can have friction

(02:55) Role ambiguity

(03:35) Communication

(05:00) Conflicting visions for the organization

(05:30) Micromanaging the CEO

(06:25) Decision making authority

(07:00) Personality clash

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Visit us at: www.thecorleycompany.com/podcast

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