June 2014 Board Effectiveness - Joy Allen

IoD Leading Governance 11.06.14

The Effective Board (book)

Financial reporting council guidance on board effectiveness (frc website)

What's in a word? Shoe

Foot

Style

Heel

Shopping

Fiancée

Comfort

The management of management

Conformance and performance - managing risk yet pushing forward

Governing Document

- Quorum

- How to you get rid of a board/ add a member - the memorandum/ constitution document

Nicva Good Governance for charities

FRC website uk code of governance

IoD corporate governance for unlisted companies in the uk (IoD publication) Leading governance .com 'purpose'

Our needs

- what is appropriate for us

- who are the stakeholders and how do we involve

- who do we consult with

- what information needs to be shared with stakeholders

Charity- public funding where is it going

Chair sets the agenda

View from the helicopter - what are the emerging risks? What is the look ahead like?

Strategic risks for organisation - risks and priorities

Key risks for Orchardville

Shift focus from past to future. Keep reports short put key on moving forward Succession planning Role description for day job Role description for board - IoD resource Standards for the Board (book)

Think about the board your competitors have

IoD resource for non exec cvs

Skills knowledge and experience needed - draw up description

Agenda - conflict of interest item

Value - welcoming

Sacrifice immediate income for the long term goal

What is board effectiveness

- the right people in the room

- Doing the right thinking- agenda (with timings)

- Having the right conversations

- Asking the right questions

- making the right decisions

Brain of the organisation

Basic evaluation towards further steps

Develop a learning culture in the boardroom Remind board members of board priorities

Brain sex survey - Kevin donaghy

Review of contribution (like a pr) ask joy for copy (conducted by chair) Senior independent non executive director / vice chair (a conduit for people to communicate to)

Importance of the leadership of the chair

Evaluate the

- board

- committees

- chair

- board members

- CEO

Minute taker (admin could be brought in) to chief exec to chair

Shadow Director

Part of a plan for the business has a plan for the board

June 2014 BITC Mentoring Course

17 June - Opportunity to hear from Aine Maguire on benefits of mentoring - questions to ask and how to get the most from being a mentor.

July 2014 Legal-Island L&D Week

The Legal-Island L&D week July 2014 covered the following:

TED videos:
Two films and discussions – Tim Smits CEO of the Eden project and Julian Treasure (Master of Sound)

Learning Points: 
Tim Smit covered such principles as volunteering,randomness, killing off negativity. Julian Treasure looked at the importance of the voice in public speaking and particularly the importance of avoiding the 7 deadly sins (Gossip, Judging, Negativity, Complaining, Excuses, Lying, and Dogmatism). If you want to influence, rather than turn people off, focus on HAIL: Honesty, Authenticity, Integrity and Love (wish people well).

Andy Bounds Lego Networking video:
Learning Points:
Always go for individuals or open groups – either ‘Hi, I’m X’ or ‘Do you mind if I join you?’ Don’t approach closed groups – get a drink and go back – things might have opened up a bit.


Disc Profiling: Paul Fieldhouse
Learning Points:
What type of learner are you? How do your supervisees learn and how can we best work together. 

Sweeping and Prospecting: Allison Sutherland
Learning Points:
Share leads and contacts from magazines and newspapers - we now have teams set up to sweep on a weekly basis. 

Power of the Mind: Paul Tracey
Learning Points:
Focus on the end goal and visualise how you are going to get there.

Business Development Team Training: Dennis Laverty
How to sell, motivating each other, questioning and the flow of selling.

Gaming to Know Us: Scott Alexander and Erin Graham
Learning Points:
A team game - learning about employment law NI and ROI. Who wants to be a millionaire style questioning.

Ulster Cancer Focus
Learning Points:
Health and well being - metabolic age, what it means.

Positive Parties: Denise Devlin
Learning Points:
How to focus on fun to get past a difficult issue - Clowns and Bananas.

Start Stop Continue
Learning Points:
An opportunity to share our thoughts on what we believe the company should start doing, stop doing and continue doing.

Self Organisation: Grainne Cochrane
Learning Points:
- Simply Better gaining a competitive edge
- The Eff words: Efficiency; Effectiveness; Excellence
- Efficiency is doing things right 
- Effectiveness is doing the right things
- Excellence is doing the right things right

Awareness and self management of our Time, Energy and Attention will enhance efficiency, effectiveness and productivity. 

Identify your Time Bandits – activities that are not the most effective use of your time – and then STOP IT.

Procrastination - divide your elephant tasks into manageable chunks and eat your frogs first thing.

The Pareto Principle – differentiate between the critical few and the trivial many, allocating your time, energy and attention according to the 80/20 rule.

3 key questions to ask yourself daily:

‘What are my highest value activities?

‘What can I and only I do that if done well will make a real difference?

‘What is the most valuable use of my time right now?

Essentialism – The disciplined pursuit of less

Steven Covey – 7 Habits of Highly Effective People

Organisational skills

Email Management

Thrive – The Third Metric to Redefining Success

Stress management

Flourishing

The Happiness Advantage

Exercise and cognitive function

Mindfulness

Einstein’s Definition of Insanity

May 2014 onwards Sales Growth Programme

A year long Sales Growth Programme with mentoring support from Dennis Laverty and workshops including: Effective prospecting 

Leadership Experience Conference 25 March - Hear Sir Tim Smit, Mary Spillane & Padraig Canavan share their leadership experiences

Excellent staff training day out to hear from Sir Tim Smit, Mary Spillane & Padraig Canavan who all shared their leadership experiences. Learning points included:

- Surround yourself with positive people and get rid of negative people
- Body language is as important as what you say
- Be a risk taker
- Importance of a good handshake
- Try something new and when you say you are going to do, do it