This podcast episode explores the key qualities and characteristics of effective board members and the importance of having board members with stage expertise, smartness, and a strong backbone. Managing board dynamics requires selecting independent and intelligent directors with a low ego, maintaining calm and focused during crises, and leveraging the insights of sitting CEOs. The transition from CEO to board member can be challenging, but with a clear succession plan and letting go of control, it can be successful. Effective board leadership involves assessing happiness and motivation, conducting regular 360 reviews, and evolving the board over time.
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