The present pandemic is
unprecedented, exposing organisations to unheard situations. It has brought the
issue of leadership into a sharper focus, as it can foster synergistic alliance
amongst divergent constituents into a cohesive unit, to deliver on a common
goal.
Corporate boards play a critical
role towards sustenance and growth. Successful board members help the
organization constantly create value in the eyes of various stakeholders, while
adhering to the regulatory guidelines for the organization to thrive ethically.
A board of directors is a unique
entity, comprising top leaders, bringing together a plethora of professional
experiences and uniqueness both in terms of style and skills. While functional
directors and C-Suite executives get operationally involved, the challenge for
non-executive members multiplies. They
are required to maintain their independence and optimize the organisation’s benefit
from the decision proposed. In the present context they face the challenge of
high expectations from multiple stakeholder groups, be it regulators,
investors, customers and most importantly employees of the organization.
CII with its long history of
developing solutions for industry was approached by members to come out with a
specific intervention to fill the gap in capacity, existing at this level.
After thorough research through its
dedicated Centre of Excellence for Leadership (COEL) in partnership with Catalyst Executive Education
Institute (CEEI) it has come up with a long
duration curated performance enhancement series titled Pinnacle:
Creating Hi-Performance Resilient Boards
that Deliver with a clear set of deliverables.
Pinnacle provides fascinating
insights, tools and frameworks for existing and would be Board members and
C-suite executives part of board functions, to create, manage and become part
of a High Performing Board. It addresses high impact challenges in their
present organisational and business environment to expose them in a structured
fashion to evolve a comprehensive view. The objective is to create more value
as a Board member through collaborative leadership, motivating other members
and management thus creating a truly hi-performance Board.