It may not always have been clear. Now it is: The main job of a board of directors is to make sure that the organization over which they preside has the right CEO. Successful selection of the CEO is the first step in this process, but from then on, the board's task of vigilance is CEO development. Today's first-rate boards address this clarified need and support their CEOs' continuous growth in what has become a deepening sphere of impact.
Grounded CEOs take to this shift like a duck to water because it strengthens their natural role as link between the board and top team. The developing CEO is one who thrives as the energy source for building a bond of trust and candor between these two organic groups. To govern with distinction, boards need exposure to the gifts of the top team so they can be informed about the strategy and health of the business and can take the measure of the team. To produce the right outcomes, the top team needs engagement with a board made up of wise heads and big hearts.
This energizing linkage can't occur without CEOs at ease and skillful in this new environment—and without boards grateful that they are.
Allan Cox's advisory services provide the steps and methods to achieve a successful Board/CEO synergy.