Governance as a Competitive Edge: How Boards Shape Business Strategy
In this episode of The Jasper Blueprint podcast, Bessi engages with Paul Smith, the founder of Future Directors, to explore governance as a competitive edge in small to medium-sized businesses. Focusing on future-fit boards that manage responsibilities across all stakeholders, the conversation moves beyond the traditional view of governance as mere compliance. Paul Smith, a seasoned board director and futurist, shares their expertise on how governance can be transformed into a powerful competitive advantage by integrating it into core business practices. The episode highlights the pivotal role governance plays in decision-making, particularly in privately-owned businesses where it is often overlooked. Through discussions on stakeholder engagement, the integration of AI, and the evolving nature of board roles, this episode serves as a comprehensive guide to leveraging governance for strategic success.
Also in this episode:
Effective governance includes a diversity of thought, curiosity, and ongoing education for all involved participants in board settings.
Stakeholder mapping reveals overlooked perspectives that significantly influence decision-making and strategic direction.
Emphasising fit-for-purpose governance structures significantly improves the functionality and inclusivity of board and decision-making processes.
About Paul Smith:
Paul Smith, the Board Futurist, is a global leader in corporate governance, specializing in impact governance, board effectiveness, and AI-driven decision-making. As the founder of Future Directors, he provides affordable education and resources for boards. An award-winning author of Right Seat Right Table and host of the Future Directors Podcast, Paul is now working on his second book, The Artificially Intelligent Boardroom.
Resources Paul recommended in the episode:
Future Directors Courses https://members.futuredirectors.com/
The two mentioned were: Building & Applying Governance Frameworks, and Managing your Board Processes.
Books
Right Seat Right Table. https://www.amazon.com.au/Right-Seat-...
Effective Directors: The Right Questions to Ask https://www.amazon.com.au/Effective-D...
Podcast
OMG: One Minute Governance: https://open.spotify.com/show/6kMufva...
Future Directors: https://open.spotify.com/show/0f2k2e4...
Connect with Paul
LinkedIn: futurepaulsmith
Timestamps:
0:03 - Future-Fit Governance for Small and Medium-Sized Business Boards
3:28 - Empowering Small Businesses Through Accessible Governance and Education
16:19 - Affordable Education for Aspiring Board Directors
18:25 - Unlocking Boardroom Success Through Continuous Learning and Governance
30:02 - The Importance of Curiosity and Vulnerability in Governance
34:21 - The Importance of Diverse Voices in Governance and Decision-Making
42:04 - Building Effective Governance Through Intentional Decision-Making
50:14 - Embracing Governance as a Competitive Advantage for Businesses
---------------------------------------------------
Welcome to the official home of the Award-Wining Entrepreneur, CEO, Coach, Co-Founder of Benefit Capital and Global Leadership Consultant : Bessi Graham on YouTube!
---------------------------------------------------
Learn How Making Everyday Business Decisions Can Impact The World Positively:
https://bessigraham.com/making-everyd...
---------------------------------------------------
📲 Listen & Subscribe To The Podcast: The Jasper Blueprint with Bessi Graham For More Ways We Can Start Bringing The Idea Of Making Money and Doing Good Back Together:
https://link.chtbl.com/BSAI
Apple Podcasts ▶️ https://podcasts.apple.com/us/podcast...
YouTube ▶️ / @bessigraham8839
Spotify ▶️ https://open.spotify.com/show/7JO5Jgd...
Smart link ▶️ https://link.chtbl.com/BSAI
---------------------------------------------------
📲 Connect With Bessi Graham:
Website ▶️ https://bessigraham.com/
Facebook ▶️ / bessi.graham
Facebook Group▶️ / mergingmoneyandmeaning
Linkedin ▶️ / bessi-graham-48a31323
Instagram ▶️ / bessigraham
#paradox #leadership #mindfulness #fulfillment #visionaryleader #entrepreneur #impact #vision #forentrepreneurs #supportforvisionaryleaders #supportforbusinessowners #forbusinessleaders #forceos #creatingalegacy #buildabusiness #businessleaders #impactfulbusiness #BessiGraham #TheJasperBlueprint #money #meaning #Podcast #podcasting #podcastersofyoutube #purposeofbusiness #drivingbusiness #businessstrategies #strategiesforbusinessleaders #ethicalbusiness #leadershipbuilding #becomingaceo