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In today's rapidly evolving business landscape and market conditions, the collaboration between the board of directors and management team plays a pivotal role in securing their companies' success through periodic strategy reviews and refreshes. By leveraging their expertise and industry knowledge, boards can support management to ensure that the company remains relevant and competitive, capitalizing on emerging opportunities while effectively mitigating potential risks and threats.
Regularly aligning the company's actions with its long-term goals is a key responsibility of the board and management, as it helps foster a cohesive culture and path forward and can result in a more engaged workforce. By tailoring the organization's strategy to the emerging trends and needs of the market, boards, and management can provide the strategic vision and direction that allow their companies to navigate uncertainty with agility and foresight, leading to sustainable growth in an ever-changing business landscape.
In this session, we will examine:
- What characterizes a good strategy
- The important things to consider when it comes to formulating strategy.
- How to effectively engage the board in the overall strategy process
- The key questions board directors can ask to effectively pressure test a strategy
Event details
Date: 25 October 2023
Time:
- 12pm - 1pm (KSA Time)
- 1pm - 2pm (UAE Time)
Platform: Zoom Meeting
Fees: Free for Members and Fellows; by invitation only
The 'Ask the Expert Series' is our eminent service provided to Members and Fellows to keep them up to date on various hot topics and provide them with insights on the latest thinking and trends.
Associates interested in applying and becoming a Member, please contact membership team at membership@gccbdi.com
