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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

109. Good financial performance is not the same as good governance
2022-07-21 377
108. Hiring a CEO is not the same as good governance
2022-07-18 380
107. Purpose is not the same as good governance
2022-07-14 386
106. Strategic oversight is not the same as good governance
2022-07-11 426
105. ESG is not the same as good governance
2022-07-07 426
104. Compliance is not the same as good governance
2022-07-04 448
103. What is BAD Corporate Governance?
2022-06-30 485
102. What is GOOD Governance?
2022-06-27 555
OMG Season 3 Intro
2022-06-23 361
101. Season 2 Finale
2022-01-13 589
100. Why do corporate governance experts think so small??
2022-01-10 462
99. I think I might write a book...
2022-01-06 374
98. Learning about corporate governance can be embarrassing
2022-01-03 400
97. Some organizations that do really cool stuff
2021-12-30 382
96. Why “where were the directors?” is still a good question
2021-12-27 375
95. Why does every little new governance idea feel like a BIG DEAL?
2021-12-23 333
94. Helping founders buy in to “governance”
2021-12-20 336
93. Subsidiary governance
2021-12-16 365
92. A new (to me) take on the board skills matrix
2021-12-13 375
91. Are great board chairs really like orchestra conductors?
2021-12-09 335
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