There is a question that is always on the lips of Chairs: Just how effective is our Board? Against a backdrop of unprecedented change, many organisations find themselves on the back foot and vulnerable. The impact of a weak, ineffective Board can mean poor decisions, a lack of vision and challenge, and a diminishing business opportunity – all of which can be fatal in times of upheaval.
Recent years have shown that Boards can fail – fail to manage risks; fail to understand the future competitive landscape; fail to identify the right team; fail to drive strategy, instead getting ‘stuck’ in BAU ‘weeds’; fail to view the business through employees, customers and shareholders eyes’ and fail to take action. Often the question asked is whether the Board is forward-looking enough and whether there is sufficient challenge and ideas to be both forward thinking and innovative.
Norman Broadbent plc (LON:NBB) is a leading Professional Services firm offering five interrelated Talent Acquisition & Advisory Services: Board & Leadership/Executive Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Recruitment solutions.