I’ve been thinking a lot about what it takes to step up and how Boards of Directors can make a move from being conservative to bold, taking on the most important activities that an organization is facing, creating guiding policies, and align resources to get action.
Richard Rumelt, the author of Good Strategy Bad Strategy, discusses strategy as a kernel formed by three things:
• The diagnosis
• the guiding policy
• and coherent actions
I’ve been using this theory with boards, other volunteer leaders, and CEOs as a new lens into strategy and I recommend you do the same.