Do you have a board profile matrix? Good!Â Now throw it out.
Harsh? Maybe. Necessary? You decide.
Where did you get that matrix? Was it found somewhere in a template? Maybe it came from someone elseâ€™s board; it looked good, so you adopted it. Maybe itâ€™s a legacy matrix that has been handed down for the last 10 years by the Governance Committee (or Executive Committee, or Nominating Committee).
The problem is,
If you didnâ€™t develop that matrix AFTER you decided what you want to be doing in the next 5 years, thereâ€™s a chance your board wonâ€™t match your ambitions.
First, decide what youâ€™re doing. Then figure out what passions, skills, attributes, connections, experiences need to be present on your board to make it possible to do it.Â THEN evaluate your current board against those attributes.
Otherwise, you may be using five year old hardware to run state-of-the-art software. And we know how well that works.
Planning your future includes planning what you need to create that future. Let me know if you want to talk about planning. Happy to have that conversation, or facilitate your group discussing its future.