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Partner Event: Board Role in Strategy: “not too big, not too small but just right”
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When: 11/10/2009
From 6:00 PM to 8:00 PM
Where: Suffolk University (Business School)
73 Tremont Street
Boston, Massachusetts  02108
Contact: Jennifer von Briesen

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About the Topic

Many observers of the recent meltdown rightfully ask "where was the board?” While some focus on transparency and regulatory reform, the broader question is the role of directors in the strategic decisions that set the stage for this mess.Financial services, housing, transportation, and health care all face obvious strategic challenges, but players in nearly every sector seem to be pursuing strategies and evenbusiness modelswhose days seem numbered. McKinsey finds that fewer than 25% of directors know their company’s strategy; less than half are knowledgeable about the 4 or 5 key initiatives underway at any given time. Nor is the nonprofit sector exempt. The board’s finest hour may be its selection of a CEO, but its participation in questions of identity and direction would seem less than a minute behind.

This program offers a grounded, experience-based view of the board’s role in the development of strategy, illustrating that view with a set of concepts, tools and processes based on representative cases and welcoming participants to share their own experience with this critical role.

About the Topic

Michael Kipp
Managing Partner,GovernBest

Michael Kippis experienced on both sides of the governance equation in corporate, governmental and non-profit environments. He has been a state commissioner, a financial services CEO and a principal in businesses as diverse as banking, health care and internet commerce. A director and organizer of American Home Bank, NA, from 9/11 through the period leading up to the recession and a director of Hope International Capital Corporation, and investment vehicle for scaling microcredit in 14 of the poorest nations of the world. Mike has partnered with more than 100 diverse organizations and their leadership to define and secure their preferred future.

He has authored articles on strategy, leadership and governance for Strategy and Leadership, Directors and Boards, Directors Monthly and the International Journal of Corporate Governance. This program is based in part on his forthcoming book Where Board and CEO Meet: "it’s the relationship, stupid, a perspective on the marginalization and reform of governance in America

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