Psychology of good governance with directors and boards

Risk managers will always tell you that the weakest link in a system is the operator. The same is true in boards, as they comprise well-intentioned and motivated individuals who, by definition, are flawed. 

This situation is made more precarious when people come together to form a board, council, or committee, as the group then takes on a personality of its own.

This session will explore the many biases that we as individuals carry, as well as those that impact the functioning of a board director. 

The webinar will cover:

• Ways directors can manage and mitigate the impact of these ‘frailties’ to reduce risky consequences.
• Pitfalls that board/council/committee members can fall into.
• A look into the sobering warnings directors should consider when recruiting new members and making important decisions. 

Through a greater understanding of the psychology of good governance, directors can ensure they perform their roles lawfully and to the best of their abilities individually and collectively.