In this episode of Open Minded, Sir John Kirwan (JK) sits down with Kirsten Patterson, the CEO of the Institute of Directors New Zealand, to explore the dynamic world of governance and leadership. Together, they delve into the nuances of effective board management and strategic leadership that can steer organizations towards success in 2024 and beyond.
What you'll learn:
The right CEO for the right season: Discover why selecting the right CEO—tailored to the specific season or phase of your business—is crucial for navigating the challenges and opportunities that lie ahead. Kirsten shares insights on aligning leadership styles with organisational needs to foster growth and resilience.
Board Focuses for 2024: Unpack the five critical areas boards should concentrate on in 2024, including climate leadership, future-ready succession planning, harnessing the power of artificial intelligence, enhancing productivity, and embodying a value-adding board. These focuses are essential for boards aiming to lead with foresight and responsibility.
Cultural Dynamics: Learn about the importance of "the tone at the top, the mood in the middle, and the buzz at the bottom." This holistic approach to organizational culture ensures that leadership values and strategies resonate through all levels, fostering a unified and motivated workforce.
Trust, But Verify: Kirsten emphasizes the mantra "trust, but verify" as a foundational principle for boards. This approach balances faith in management's abilities with the necessity for accountability and diligence, ensuring that trust is built on transparent and verifiable actions and outcomes.
The Performance Care Approach: Sir JK and Kirsten advocate for Performance Care as the cornerstone of New Zealand business culture. This approach integrates well-being and high performance, proposing that caring for the mental, physical, and emotional health of employees is not just ethical but also a strategic advantage.
Tune in to this episode of Open Minded to gain valuable insights from Sir JK and Kirsten Patterson on leading with integrity, foresight, and compassion. Whether you're a current or aspiring director or leader, this conversation will be sure to inspire!
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