The Role of the Board of Directors in the Strategy Process

Strategy > Forum Log in

The Role of the Board of Directors in the Strategy Process
Karl Christensen, Strategy Consultant, Mexico

If strategy is to guide the organization, then it certainly must be guided by what by law, if not actual fact, is the organizationīs key governing body, the Board of Directors (BOD).
1. To what extent should the BOD participate in setting strategy?
2. How can this participation process be best arranged, keeping the BOD discussions, review and decision making concise and strategically focused?

Board of Directors Role in Strategy
Alan Kennedy, Strategy Consultant, Canada
Boards in North America have the legal responsibility to approve and monitor the implementation of the strategic plan. In North America, Boards are usually part of the consultation process for strategy development, but they are not typically involved in the development of strategy.

Alignment and Implementation
Monica Martinez, Strategy Consultant, Chile
Not only the BOD should participate in setting the strategy, but also make sure that they align the business units with the strategy and also with the desire culture. It is key that the strategy consider all relevant aspects: culture, values, mission, etc.

Role of Executive in Strategy
Jaap de Jonge, Editor, Netherlands
See also the discussion: Should Executives Become More Strategic?. Lets keep this discussion focused specifically on the role of the board of directors. Thank you.


    Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

More on Strategy

Best Practices

Expert Tips


About 12manage | Advertising | Link to us | Privacy | Terms of Service
Copyright 2016 12manage - The Executive Fast Track. V14.1 - Last updated: 27-10-2016. All names tm by their owners.