adaptability

Is Your Board in a Downtrend? Bend!

June 30 @ 4:51 pm CDT

Before you read any further, I’d like you to picture a rubber band and a ruler – an odd request, I know, but I promise I’m going somewhere with this. Maybe you have both of these items on hand in a desk drawer, a junk drawer, or in your garage, but for now, envision them. In terms of their functions, one binds things together while the other serves as a measurement tool. Believe it or not, rulers and rubber bands have quite a bit in common with your organization – specifically when it comes to your board of directors.  To understand why we need to go back in history. During the Industrial Era, business leaders made two key realizations that would shape industries for centuries to come. First, if they could get workers to produce more goods faster, they’d yield a more substantial profit – simple enough. Second, they realized that employing workers with more experience within a respective industry could boost profitability and productivity. Back then, that mentality was effective, but today, given the constant innovation and disruption that continues to define the 21st century, is that the best model for your organization? What once worked in a previous era is no longer relevant. It’s time to consider whether your board of directors is repeating history and perpetuating this dated model. I’ve worked with several organizations where I’ve likened the board of directors to a ruler. Similar to a ruler, they are inflexible and are measured – measured in their risk-taking and their approach to change. Their every move is calculated, and they slowly, methodically take their time to make things happen within your association. Their thinking is too linear; they believe that members need to start at the bottom, working their way up the ladder to earn leadership positions. They tend to hold their board seats for extended periods and are rigid about tradition. This type of long-arch thinking no longer applies to modern…

Read More