Overseeing strategy: A framework for boards of directors
Many boards are challenged by effectively overseeing strategy. This document will provide you with a practical framework to help fulfil your duty as a board member to oversee a strategy designed to maximize shareholder value.
Many boards are aware that strategic oversight should be a continuous process rather than an annual exercise, yet many struggle to identify and implement an effective model.
This document provides an indispensable framework, designed to help directors effectively oversee the strategic planning process, from preparation and strategy formulation to execution and monitoring results.
You will learn how to:
- engage in the process earlier
- set clear expectations about quality
- add value
- oversee execution that creates shareholder value
Additional sample materials include:
- strategic plan outline for a single entity
- key issues
- annual operating plan outline