Conscious Governance Moments

Conscious Governance Moments

By Steven BowmanBusinessEducationHow ToManagementNon-Profit
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Conscious Governance Moments episodes

  • Finance for Strategy Not Figures
    Shifting the focus: How to move beyond the numbers and into strategic finance conversations.

    Finance is not just about figures, it's about understanding the reasons for variance and strategic implications for the company.

    A Finance, Audit & Risk committee should focus on these conversations rather than the figures themselves, and provide strategic implications for board discussion.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    3 min
  • Rethink Risk Management
    Rethinking risk: How to turn threats into opportunities.

    Risk is often seen as negative, but it should be viewed as an ongoing conversation to understand how it can be turned to our advantage to achieve strategic goals.

    Risk management standards define it as anything that impacts our ability to achieve goals, making it inherently strategic.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    2 min
  • Risk Strategy Accountability
    The role of a Risk Committee in driving strategic decision making.

    The Risk Committee helps identify and manage top risks while training the board to identify opportunities.

    Ensuring accountability & incorporating strategic implications in board reports helps create a strategic environment.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    2 min
  • Risk-Mindset Drives Innovation
    Unlocking strategic advantage: The role of board-level risk management.

    Risk management must start at the board level and involve a mindset of innovation to extract strategic advantage.

    Senior executives must focus on major, endemic risks and work to control and mitigate them. Staff will follow suit with the right mindset in place.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    1 min
  • Risk Policy Opportunity Focus
    Shifting the focus: How to move beyond the numbers and into strategic finance conversations.

    Reframe risk management to focus on strategic opportunities, not just compliance.

    Add language to policy to shift perspective on risk.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    1 min
  • Risk Appetite Statement Guide
    Setting clear boundaries: Our Risk Appetite Statement defines our limits. 

    A risk appetite statement clearly communicates to staff and board what risks the company is willing to take and what is off limits.

    It helps focus attention on important areas like staff and client safety and potential opportunities for expansion.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    2 min
  • Focus on Key Risks
    Don't bore the board: Prioritizing key risks in your report.

    When providing risk reports to the board, focus on the top three to five key risks and avoid overwhelming them with unnecessary detail.

    Consider the board's role in making choices that shape the future and assess the culture of risk management within the board.

    Implement key performance indicators for the CEO that reflect top risks and have success measures in place.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    2 min
  • Focus on Key Strategies
    Focus on the few: The power of prioritizing key strategies.

    Strategic planning should focus on 2-4 key strategies, rather than trying to address too many at once.

    These key strategies should help drive the company towards its vision and be based on what has been learned from scenario planning.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    1 min
  • Strategy Creates Future
    Making a difference: The purpose of strategy.

    Strategy is about creating the future and making a difference, not just an exercise.

    It involves considering possible futures and continually working towards them with detours along the way.

    For more go to:

    www.consciousgovernancetv.com 

    https://www.youtube.com/@consciousgovernancemedia

    1 min
  • Operating Plan Activates Strategy
    Mastering the art of strategy: Three key elements for success.

    There are three important elements in a long-term strategy: a vision or purpose, a strategic plan, and an operating plan.

    The board is responsible for the long-term strategy and regularly updates it, while the management team is responsible for the operating plan.

    It is important to align individual roles and tasks with the organization's strategy.

    For more go to:

    www.consciousgovernancetv.com

    https://www.youtube.com/@consciousgovernancemedia

    3 min

About Conscious Governance Moments

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This podcast dives into strategy, risk, governance and leadership, to unlock the wisdom of boards and senior executives to create the future for the communities they serve.