Board Search
Collective
performance
However talented individual members may be, Boards typically consist of people at different career stages with different motivations, varied perspectives and mixed levels of knowledge about the companies they serve. They receive limited information yet are required to make difficult, often pressured decisions in short spaces of time.
Recognising that the best-performing Boards operate as a team, it makes sense to view decisions about individual appointments in the context of the collective capabilities and performance of the Board.
Lancor provides a framework to assist in making these decisions, which, stated simply, compares the strategic issues facing the business, its breadth, reach and complexity, with the skill-sets and experiences represented amongst existing non-executives on the Board.
In this way, it is able to offer very specific advice on how best to enhance collective performance through individual appointments.