Last week I had the great pleasure to present at the Governance
NZ AGM in Canterbury. The topic was; Behavioural Governance the
Future of Board Performance. The presentation covered two key
themes; Behavioural Governance, and The Third Team and why they are
the future of governance for high-performing organisations.
A synopsis of the presentation is this:
The third-team model challenges a range of closely held beliefs
within governance circles. These beliefs result in the failure of
executives to use the board's intellectual capital as a
strategic resource for the benefit of the organisation.
Contrary to popular belief, defining the combined board and
executive as the third team does not imply the destruction of
organisational hierarchy. In fact, the third team facilitates the
continuing existence of hierarchies and structures; it defines how
the boundary between board and management is bridged, enabling the
board's intellectual capital to improve