Essential board member training on strategy governance
Only 22% of board members say they understand their firm’s strategy. A key reason for this is many board members lack expertise on strategy or understanding of the new rules of strategy in today’s world. Without a deep understanding of strategy and the role that the board needs to play in governing strategy, board members often fail to add real value in terms of strategy.
IMD’s Strategy Governance for Boards enables you to play a meaningful, advisory role in the governance of your firm’s corporate strategy within the context of an increasingly complex business landscape.
I wanted to know what ‘good’ looks like, and the model taught in this program showed me exactly that, and what it means for the board. Having a model and a language to use around strategy has been very useful in a simple and powerful way, and I’ve applied the learnings to my work.
The board’s role in strategy oversight was brought to life, thanks to the exercises and case studies of this program.
To my mind, all board members need to be following the Strategy Governance for Boards program, for the long term benefit of the organization.
Board strategy is not management strategy, and clearly knowing the difference is the added value I will bring to the board after this program.
Length: 2 days on campus.
IMD board diplomas
