Be able to validate the company’s strategy in the context of the vision and mission of the business - it all starts with knowing where you are going and why
Understand the challenges of managing strategic and operational responsibilities
Develop an effective framework that “links” vision/mission with everyone’s role and ensures that everyone is pointing in the right direction
Be equipped to lead with change management strategies, appropriate for the digital age
Be able to effectively manage crises (short or long term) at any given time
Be able to build and maintain an effective management team
Be able to build an effective advice network and introduce diversity of thought
Understand why boards (and therefore businesses) don’t achieve what they want
Understand the managing director’s position alongside and compared to the aims and objectives of the board
Understand the separate roles of the chair and the managing director
Assume full accountability for the board for all company operations
Build financial control and rhythm
Understand good corporate governance
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