10. Ensure CEO and Board Engagement… Board Engagement CEO -> Is Displacing Board GOVERNANCE AS OBSERVATION CEO -> Is In Constructive Partnership with Board GOVERNANCE AS LEADERSHIP CEO -> Is Going Through the Motions with Board GOVERNANCE AS ATTENDANCE CEO -> Is Displaced by Board GOVERNANCE AS MICROMANAGEMENT Source: Richard Chair, et.al, “Governance as Leadership” CEO Engagement
These principles come together to creating the Governance as Leadership approach. The three types of governance, all created equal, form a system that can help to realize full value of the board’s collective time and talents. (An alternate graphic here might be a three legged stool to get across the idea that governance isn’t complete or is out of balance if all three governance modes aren’t in operation .)