134. Dr. Margaret Heffernan (1/2): How boards make the best decisions: cooling-off periods, embracing uncertainty and deep hanging out
Description
Dr. Margaret Heffernan is author of seven books, including Wilful Blindness, Uncharted and Embracing Uncertainty. A former CEO of InfoMation Corp, ZineZone Corp, and iCast Corp, she was inducted into the Thinkers50 Hall of Fame in 2024. In this episode, we discuss: What uncertainty does to board decision-making (2:47 ) Practical ways boards can mitigate it (6:25 ) Squaring “take your time” with decisiveness (11:10 ) What a robust boardroom decision process looks like (14:36 ) Being agile without flip-flopping (18:13 ) When and how to use cooling-off periods (21:22 ) What deep hanging out means in practice (22:37 ) Absorbing context beyond datapoints (25:38 ) The value of unstructured time in the boardroom (27:54 ) An example of reaching the right answer without an agenda (32:10 )
Host: Oliver Cummings
Producer: Will Felton
Music: Kate Mac
Audio: Nick Kold
Email: podcast@nurole.com
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom
United States
