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Deloitte’s Chief Executive Program published a paper yesterday on “Seven steps to a more strategic board.” Its insights are well worth reading. They did, however, bury the lead. The seven steps add up to the importance of CEOs taking a leadership role in managing boards and building relationships rooted in “mutual respect, trust and support.” That’s the lead.

Deloitte’s Seven Steps:

  1. CEOs, it’s really up to you – Take an active role in board management.
  2. Be fearlessly transparent – Be open and humble.
  3. Take advantage of tension – Grow through debate.
  4. Facilitate the board experience, not just the board meeting – Build relationships over time.
  5. Curate information, and then curate it again – Give enough, but not too much information.
  6. To chair or not to chair? Think about it very carefully – Choose your level of influence.
  7. Say your piece on board composition – Build the right board over time.

Relationships rooted in “mutual respect, trust, and support” don’t happen by mistake. They are built together, deliberately, and over time.

Click here to read more.

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