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Join Mark Banicevich on Governance Bites as he talks with Steven Bowman, a governance expert with 45 years in the CEO and board space. They unpack the fundamental differences between a CEO and a Managing Director (MD). The core distinction is that an MD is both a manager and a voting director of the board. Steven shares the criteria for adopting the MD title, such as having a board vote or shares in the company. Crucially, they discuss how boards navigate the potential blurring between governance and management, often employing mechanisms like board only sessions (in camera) and external mentors. Discover the real meaning behind the titles and the best governance advice: be curious about everything.
Steven Bowman is founder of Conscious Governance, a global, independent advisory service specialising in strategic planning, board governance, leadership, and risk management consulting for Boards, CEOs, and directors. The firm provides resources and guidance to organisations across virtually all sectors, including health, education, government, faith, disability, and housing.
The governance model promoted by Conscious Governance is defined as running an organisation with conscious awareness. This approach moves beyond 19th-century systems focused on policy and conformance, prioritising conscious leadership to steer the organisation toward a defined vision and align day-to-day management with organisational strategies. Conscious Board leadership is vital for improving both financial and social results. Core services include Board governance evaluations, risk management strategies, and leadership development, such as CEO performance management. Conscious Governance has reported completing over 500 successful strategic plan facilitations and serving more than 4200 clients.
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