What questions should board members ask in challenging times?

“If I had an hour to solve a problem and my life depended on it, I would use the first 55 minutes determining the proper questions to ask.” Albert Einstein

Summary of article:

In challenging times, it’s incumbent on you as a board member to ask the right questions. Experience from past events such as the global financial crisis has told us that businesses that stay calm, run scenario analysis and take early decisions emerge stronger from troubled times.

At changeosity, we believe that leveraging curiosity, courage, collaboration and caring yields stronger results in unprecedented times. We encourage boards to use virtual collaboration tools to meet regularly to discuss and strategise, to ask open, curious, powerful questions (such as those below), make difficult decisions with commitment and courage and show compassion for those affected. Lead through change now and your business will come through stronger than ever. Learn about the seven fundamental question sets.

 

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