TCSP 44 -- Leverage Your Board's Power with Julie Garland McLellan
Season #1Episode #44
Leverage Your Board's Power with Julie Garland McLellan --
We’ve all heard the saying, “It’s lonely at the top” and that’s true for CEOs, too.
According to research by the Harvard Business Review, half of CEOs struggle with feelings of isolation. And of those, a whopping 61% feel it’s hurting their job performance. After all, having a trusted sounding board is critical to success in just about any role.
So wouldn’t it make sense to have some built in support for CEOs?
As it turns out, there is built in support for CEOs. It’s called the Board of Directors. But here’s the surprising thing: In a survey of over 400 CEOs in 11 countries, only 28% of CEOs said they turned to their Board of directors for honest feedback. Not even one-third of CEOs turned to their Board of Directors for guidance…and that was back in 2018.
Since then, the shifting landscape of pandemic conditions has only increased the complexity and volatility of, well, everything. That, in turn, increases the chances of
the healthy tension between CEOs and their Boards degrading into an unhealthy friction—and that’s just one more thing to keep CEOs up at night. And if you’re a regular listener of The Counterfeit Sleep® Podcast, you know that sleep performance problems are the death knell for performance, period.
And so in this episode of our Business Impact Series we talk with Julie Garland McLellan about how to leverage the power of your Board of Directors. Julie is a professional company director and corporate governance consultant who provides the behind the scenes guidance that has helped many boards, CEOs and chairmen turn difficult situations into successful outcomes. She is the author six books on governance and writes the powerful newsletter called the "Director's Dilemma.”
What I love about the insights Julie shares in this conversation is this: We focus on the relationship between CEOs and their Boards, but there are concrete takes aways for you no matter what your current level is in the chain of command.
Listen in and learn:
Why CEOs are struggling to deliver in this new environment
How to reduce friction between CEOs and their Board of Directors
How to leverage the power of your Board for business growth and success
BIO
Julie Garland McLellan is a professional company director and corporate governance consultant. She is the author of the "Director's Dilemma" newsletter, and six books on governance. Julie undertakes board and director appraisals and practical in-boardroom education using real-life scenarios. Her guidance behind the scenes has helped many boards, CEOs and chairmen to turn difficult situations into successful outcomes.
Website: www.directorsdilemma.com
Email: [email protected]
LinkedIn: https://www.linkedin.com/in/juliegarlandmclellan/
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