The Strategy Away Day is the traditional board forum for strategy development. But with this unavailable — and of questionable value anyway — there are serious questions to be answered about how boards should “do” strategy.
How can boards move from strategy as an annual showcase event, with a rubber stamp and periodic progress reports, to a more adaptive and fluid model better suited to today’s environment — with the board injecting genuine value and taking greater accountability for delivery?
How should we seize the moment to rethink the relationship between the board and strategy — at a time when the latter has never been more critical in creating a map back to prosperity?
Originally recorded on 16/07/2020.