Boards should expect their fair share of tough decisions but can boards improve the quality of their decision making? Bob Semple, a faculty member with the Corporate Governance Institute and member of the Governance Advisory Council, believes that yes, through the ability to ask great questions, they can. Drawing on both his experience as a chair/director and on recent research, Bob will provide guidance on how boards can exercise better judgement to make smarter decisions.

Good questions, put forward at board meetings, will lead to better decisions. Can you learn how to ask better questions that will lead to better outcomes? “In conducting reviews of board effectiveness, I often find that boards can improve the quality of their questions and their decisions,” says Bob Semple. It is important for boards and directors to exercise independent judgment in a structured manner. Professor Andrew Likierman, the Professor of Management at London Business School, identified six key elements that board members, as directors, should take into account when exercising independent judgment.

What I take in
Who and what I trust
What I know
What I feel and believe
How I make the choice
How I act on the decision

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