The Will and Skill to be Strategic
"The Will and Skill to be Strategic," an article written by NACD Programs Director, Patrick R. Dailey, Ph.D.
Strategy guidance is a board’s most crucial responsibility. With contemporary directors repeatedly being exhorted to step up their contribution to strategy, the question below tests any Chairman’s confidence in his/her board.……Does my board offer distinctive strategic advantage? Chairmen must judge if board talent and board process offer adequate strategic capability [or, liability] for shaping new directions, curtailing worn-out strategic initiatives, or scraping misguided plans.