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The episode discusses how board chairs build high-trust relationships with the CEO, emphasizing the critical role of this relationship in determining a board's effectiveness. Susie Harvey, the guest, shares insights on the dynamics, challenges, and strategies involved in this relationship. The conversation explores the dynamics of the chair-CEO relationship and the role of board members in crisis management. It also delves into the evaluation of the chair and CEO, as well as the framework for effective board leadership.
Takeaways
Guest: Suzie Harvey
Follow Suzie on https://www.linkedin.com/in/suzie-harvey-uk/
Not every board should take the same risks — but most boards get it wrong anyway.
In this episode, Kolja Heskamp, founding partner at torq.partners and fractional CFO to over 250 startups and scale-ups, breaks down what he calls the "risk fit" problem: the mismatch between a board's risk appetite and the actual stage and ambition of the company it governs.
We explore how VC-backed boards tend to push too hard for growth at any cost — chasing unicorns through a winner-takes-all mentality with little regard for unit economics — while established corporate boards drift into the opposite trap: protecting the status quo, avoiding blame, and sitting on innovation because it threatens the performance engine. The Kodak story is still playing out in boardrooms today.
Kolja shares how to spot a risk-averse board from the outside (hint: count the auditors and lawyers), what short-term thinking really signals about a board member's mindset, and why the price of not acting is a risk that rarely gets discussed. He also offers concrete playbooks for two types of CEOs: the one trying to push a bold long-term bet past a conservative board, and the one trying to instil operational discipline in a board that just wants to pour fuel on the fire.
The takeaway? Risk appetite isn't a vague force in the room — name it, align on it, and make sure your board composition actually reflects where your company needs to go.
Guest: Kolja Heskamp — Founding Partner, torq.partners | LinkedIn
The conversation explores the impact of AI on organizations and boardrooms, as well as the broader societal shift towards Society 5.0. It delves into the challenges of adapting to AI, the consequences of not having a plan, and the emergence of a hybrid society with AI-powered robotics. It also discusses the mega trend of hyperchange and the need for organizations to anticipate and adapt to rapid innovation. The conversation explores the impact of AI and global megatrends on boardrooms and organizations. It emphasizes the need for a broader perspective, continuous research, and a shift in work culture. The role of AI in remote working and recruitment is also discussed, along with the advice for future board members.
Follow Niklas Madsen on:
Henrik Albertsen is a venture capital investor, board member, board chair, entrepreneur and founder CEO. He shares his extensive experience in venture capital, business building, and board membership. The conversation delves into the dynamics of boardroom proximity, the power and agenda of the chair versus the CEO, and the risks of being too close or too distant as a board member. Henrik emphasizes the importance of understanding the market and the business for effective board decision-making. The conversation delves into the responsibilities of board members, the composition of the board, decision-making processes, the selection of board members, and the balance between work and personal life. Henrik emphasizes the importance of understanding board responsibilities, the role of personality in board composition, the decision-making process, the selection of board members, and the impact of personal activities on professional life.
Takeaways
Chapters
To follow and connect with Henrik go to https://www.linkedin.com/in/henrik-albertsen/
Raja Skoglund is a community builder at heart, hyper connector, fundraising/growth advisor, serial entrepreneur and investor in 100+ startups. She shares insights on becoming a board member, the challenges with board effectiveness, and the relationship between boards and management. She emphasizes the importance of networking, personal branding, and self-development for aspiring board members. Raja also discusses the need for measuring board effectiveness and the creation of the visionary board program.
To follow and connect with Raja go to https://www.linkedin.com/in/rajaskogland/
From the publisher's feed
A high-quality, educational-driven podcast where board members and experts openly discuss real boardroom dilemmas, leadership under uncertainty, and personal lessons learned — practical, honest,…
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