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One Minute Governance

One Minute Governance

Business:Management

166. OK, maybe *do* just go with the flow (Condition #15: flexibility)

166. OK, maybe *do* just go with the flow (Condition #15: flexibility)

2023-06-22
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Yes, yes, I know it was only two episodes ago that I went on about being intentional about the cadence of decision-making. And I stand by it! Mostly. You see, being intentional isn’t the same as choosing a path and stubbornly sticking to it. Best laid plans blah blah. But here’s the thing: unexpected stuff happens! Yes you have laws and regulations and policies to follow (more on that later in the season) but those really only affect a little bit of the work of good governance. Here’s a trivial example: Your hip-hop technology company has 15 minutes allocated on the agenda for a discussion of the best albums of 2022. The board mostly agrees that Cheat Codes by Black Thought and Danger Mouse is a great album and deserves to be in the top 5 – maybe even #1. But a debate about whether Danger Mouse’s production style is brilliant, moody and lush or vaguely monotonous and bland leads to an idea for a potential new beatmaking interface – something earth shattering. And then the board chair interrupts, saying “OK time’s up! Let’s review this quarter’s strategic milestones.” It’s true that we agreed to a 15 minute discussion, and that we have lots of other work to do, and that the board’s oversight of strategy is an important part of their job. But let’s be real: who could fault you for just kinda saying “forget the agenda!” and diving into an idea that might revolutionize your company? Not the regulators. Not your General Counsel. Not anyone.

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More Episodes

ANNOUNCEMENT: Sound-Up Governance is back on January 20th
2025-01-08 423
252. Season 5 wrap-up
2024-12-19 274
251. What is the point of the question I'm about to ask?
2024-12-16 194
250. What, specifically, are we going to do better next time?
2024-12-12 164
249. Are we compromising instead of being intentional?
2024-12-09 160
248. Is the way we do things valuable for our owners/members?
2024-12-05 147
247. Is the way we do things working for management?
2024-12-02 142
246. Is the way we do things working for my fellow board members?
2024-11-27 149
245. Is the way we do things working for me?
2024-11-25 139
244. What are we excited about?
2024-11-21 133
243. What are we afraid of?
2024-11-18 137
242. Is the way we do things likely to make the world a better place?
2024-11-14 142
241. How much should we obsess over our customers' needs and desires?
2024-11-11 163
240. How well do we really know and trust each other?
2024-11-07 171
239. What's one thing we do that's completely useless?
2024-11-04 164
238. What are three things we wish management would explain to us in greater detail?
2024-10-31 159
237. What are three things we wish management would explain to us in simpler language?
2024-10-28 163
236. Are we sure we use our experts well?
2024-10-24 166
235. What's at the top of our expertise wish list?
2024-10-21 162
234. How might we empower our loudest directors to be better listeners?
2024-10-17 156
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