{"id":1701,"date":"2014-08-16T07:05:42","date_gmt":"2014-08-16T11:05:42","guid":{"rendered":"http:\/\/www.trustacrossamerica.com\/blog\/?p=1701"},"modified":"2014-08-16T07:05:42","modified_gmt":"2014-08-16T11:05:42","slug":"ceo-tip-trust-your-board-as-your-ally","status":"publish","type":"post","link":"https:\/\/www.trustacrossamerica.com\/blog\/?p=1701","title":{"rendered":"CEO Tip: Trust Your Board as Your Ally"},"content":{"rendered":"

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Late last year\u00a0Trust Across America-Trust Around the World\u00a0<\/a>\u00a0published the first in a planned\u00a0series of award-winning books.\u00a0<\/strong>\u00a0TRUST INC., Strategies for Building Your Company’s Most Valuable Asset<\/em>\u00a0<\/a>brings together the wisdom of 32 experts. Six months later we released our second book,\u00a0Trust Inc. A Guide for Boards & C-Suites<\/a>.\u00a0<\/em>In this book,<\/em>\u00a0sixty\u00a0experts have joined forces to offer 100 strategies.<\/strong><\/p>\n

Throughout the month of\u00a0August, we will be featuring 31 essays from our second book. Each stands alone\u00a0as an excellent resource in guiding Boards and C-Suites on driving a trust agenda at the highest level in the organization, and provides tools for those who choose to implement trust-building programs in their organization.<\/p>\n

This sixteenth essay\u00a0marks the midpoint\u00a0in our series and brings advice\u00a0from\u00a0Bob Vanourek, the former CEO of\u00a0five firms\u00a0from a start-up to a billion dollar NY stock exchange turnaround. He is the co-author of the award-winning book\u00a0Triple Crown Leadership: Building Excellent, Ethical, and Enduring Organizations<\/a>.\u00a0He is one of Trust Across America\u2019s Top 100\u00a0<\/a>Thought\u00a0<\/a>Leaders in Trustworthy Business Behavior<\/a>\u00a0and serves on its Steering Committee<\/a>. \u00a0Bob’s website is\u00a0www.triplecrownleadership.com<\/a>\u00a0<\/span><\/a><\/p>\n

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CEO Tip: Trust Your Board as Your Ally<\/em><\/strong><\/p>\n

Some CEOs and boards have close, trusting partnerships that serve them and their firms extremely well. They are in my experience the minority.<\/em><\/p>\n

Most CEOs I have met see the board as a group they need to \u201cmanage,\u201d a dinner and meeting they need to prepare for, taking preciously valuable time away from running the business, which is the CEO\u2019s real job. To many CEO\u2019s, the board<\/em>
\n is tolerated, professionally and courteously of course, but a group relatively uninformed about how hard it is to really run the business.<\/em><\/p>\n

The time spent preparing for board meetings is huge. Staff reports prepared; rehearsals of PowerPoint presentations; after-meeting meetings to decipher what the board now wants and what to do to get ready for the next session.<\/em><\/p>\n

What\u2019s the solution? A change in attitude involving trust.<\/em><\/p>\n

Boards no longer merely monitor the activities of a CEO and a firm. They can and should lead certain functions for the firm from defining the desired culture to involvement in strategy development. They can be a sounding board for the CEO on the lonely, difficult decisions he or she sometimes faces, especially in a time of crisis.<\/em><\/p>\n

But this mind-flipping attitude change can only be based on the board and CEO viewing each other as trusted allies.<\/em><\/p>\n

CEO tip: Trust your board as your ally. By trusting them more, they will trust you more, and performance will improve. <\/em><\/p>\n

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I hope you have enjoyed this next sneak peak into our second book.\u00a0If this brief look behind the door has been helpful,\u00a0follow\u00a0this link<\/a>\u00a0to order both of our books online.<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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And for those who want to catch up on the series, a quick reference on what’s been covered so far this month:<\/strong><\/div>\n<\/div>\n

August 1:\u00a0There’s a Reason Why We Call Them Trustees<\/a>\u00a0explains why\u00a0being an “absentee landlord” doesn’t work.<\/p>\n

August 2:\u00a0Kill the Evening Before Dinner<\/a>\u00a0and take a small group of front line employees to dinner instead.<\/p>\n

August 3:\u00a0In Head of Business- Hope for the World<\/a>\u00a0we introduce the Winston “V” Model.<\/p>\n

August 4:\u00a0Reputation vs. Trust<\/a>\u00a0and why leaders should care more about the latter.<\/p>\n

August 5:\u00a0C-Suite Must Speak With a V.O.I.C.E. of Trust<\/a>, a new communications model.<\/p>\n

August 6:\u00a0It Ain’t What You Do (It’s the Way You Do It)<\/a>\u00a0discusses an organization’s core values and traits.<\/p>\n

August 7:\u00a0Superficial CEOs and Their Boards<\/a>\u00a0talks about the fiduciary responsibility of board members.<\/p>\n

August 8:\u00a0Headline: Be the Leaders Others Will Follow<\/a>\u00a0we learn about consistency between actions and words.<\/p>\n

August 9:\u00a0Towards a Mindset for Corporate Responsibility<\/a>\u00a0requiring a shift in mindset on the part of boards.<\/p>\n

August 10:\u00a0Warning: Don’t Drown in the Slogan Swamp<\/a>\u00a0explores the (mis)use of slogans in corporate America.<\/p>\n

August 11:\u00a0Trust in the Boardroom<\/a>\u00a0in creating competitive advantage.<\/p>\n

August 12:\u00a0Three Ways to Build Trust\u00a0<\/a>\u00a0and organization that are blind to the dialogue.<\/p>\n

August 13:\u00a0Lead from the Front<\/a>\u00a0explains why it’s important to remove the filters between leaders and employees.<\/p>\n

August 14:\u00a0Building Trust For Boards & C-Suites<\/a>\u00a0and why published scientific evidence is important.<\/p>\n

August 15: (Trust) Communication & the Hiring Process<\/a> discusses engaging employees in the decision.<\/p>\n<\/div>\n

Barbara Brooks Kimmel<\/strong>\u00a0is the Executive Director of\u00a0Trust Across America-Trust Around the World<\/a>\u00a0whose mission is to help organizations build trust. She is also the editor of the award winning\u00a0TRUST INC.<\/a>\u00a0book series. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.<\/p>\n

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.\u00a0\"Print\"<\/a>\"ND<\/a><\/p>\n

Should you wish\u00a0to communicate directly with Barbara, drop her a note at\u00a0Barbara@trustacrossamerica.com<\/a><\/p>\n

Copyright \u00a9 2014, Next Decade, Inc.<\/p>\n