A Board Simulation provides an opportunity for the integration of a Director’s awareness of self with their ability to engage in ethical and effective decision-making in the Boardroom
Boardvisory’s Board Simulations are an immersive experience where Board members interact with each other, guided by a seasoned Board Chair, and supported by experienced Board Coaches and Mentors. It is a safe and supportive environment, with practical insights into real-life Boardroom scenarios including how decisions are made, conflicts resolved, and strategies are formulated.
The Benefits of a Boardvisory Board Simulation
Board Simulations encourage active learning by allowing participants to engage in the practical implementation of the corporate governance principles required for ethical and effective decision-making. The setting requires that participants apply their theoretical knowledge of corporate governance in a real-life scenario that tests their commitment to, and understanding of, their fiduciary responsibilities.
Board Simulations replicate real-life Board situations, providing participants with a realistic Board Agenda and Board pack to apply and test their skills.
The Board Simulation is facilitated by an experienced Board Chair and an experienced CEO which provides an immersive, realistic, and engaging experience of a Board meeting and its power dynamics.
The Board Simulations provide a safe space for participants to observe the behavioural dynamics of other participants in the Boardroom, and to be curious about their own responses in the Boardroom. This unique setting promotes an environment for experimentation and exploration.
The Board Simulation includes immediate feedback and participation by either a Board Mentor or a Board Coach, allowing participants to understand the consequences of their decisions in the Boardroom. The Board Mentors are experienced Directors with business experience and the Board Coaches are experienced Directors with a professional coaching qualification. This facilitates a continuous learning process and enables participants to deepen their awareness of self, their Board competencies, and skills.
Board Simulations often involve complex scenarios that require the application of critical thinking and problem-solving skills and leadership competencies. Participants must navigate challenges, make decisions, and understand the interconnectedness of various factors while managing the consequences of their decisions.
Boardvisory Board Simulations can be tailored to various learning styles and levels of expertise to accommodate participants at different skill levels and provide a customised learning experience.
Board Simulations provide an opportunity for the integration of a Director’s awareness of self with their ability to engage in ethical and effective decision-making in the Boardroom
What you can expect at the Boardvisory Board Simulation
Part 1 Board Preparation | approx. 3 hours | Self-directed learning
Curated material including readings and interactive videos pertinent to preparing for the Board meeting including practical tips, i.e.
- How to prepare for a Board Meeting.
- Navigating the Board Pack.
- Understanding the roles in the Boardroom.
- Reflective questions to practise Director-Shift.™
Part 2 Board Meeting | 2 hours | Online or In Person
The Board meeting is facilitated by a seasoned Board Chair, supported by the CEO, and may include a Boardvisory Boardroom Coach or Mentor.
- A detailed Board Pack with various Board submissions (including supporting documentation) is distributed to Board Members prior to the Board Simulation.
- The Board meeting follows a formal agenda with various presentations initiated by the CEO necessitating deliberations among the Board Members to reach a decision in the organisation’s best interest.
- The Chair and CEO, although experienced, are assuming authentic roles to evoke Boardroom behaviours that mirror the dynamics typically observed in the Boardroom.
Part 3 Board Meeting Debrief | 1 hour | Online or In Person
- Immediately after the Board Meeting the Board Members will receive feedback about the Board Simulation.
- The debrief is a structured reflection session where participants analyse their experiences, decisions, and outcomes.
- The discussions include the Board Members sharing their observations about themselves and their behaviours in the Boardroom Simulation, including the challenges, strategies and lessons learned.
- This reflective process enhances understanding, reinforces learning objectives, and promotes the transfer of simulation experiences to real-life Board scenarios
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