Work It – Can a board of directors fire the CEO?

Hey there, listeners!

Welcome back to another episode of Work It.

I’m super excited about today’s chat because we’re diving into the world of boardrooms – you know, those high-stakes meetings where the big decisions are made.

And who better to guide us through this than our guest, Wong Su-Yen?

She’s a powerhouse with a background that’s as diverse as it is impressive – we’re talking music, computer science, marketing, and strategy consulting. Talk about a Renaissance woman!

So, we’re kicking things off with a look at the critical role of boards in organizations.

It’s not just about wearing fancy suits and nodding wisely; these folks greatly impact the direction a company takes.

Take Sam Altman at OpenAI, for example.

The board’s decision to hire or fire an executive like him can really shake things up.

But how does one even become a board director?

Su-Yen walks us through the pathways, and let me tell you, it’s not a straight line.

It’s more like a treasure hunt where each skill and experience you pick up is a clue leading you to that boardroom seat.

And once you’re in, it’s not just about your expertise.

We’re talking about the need for a melting pot of perspectives on a board.

Imagine a group of people where everyone thinks the same way – boring, right? Plus, it’s not exactly great for business.

Diversity in expertise is key, and Su-Yen knows all about that.

She also sheds light on the evolution of boards, their purpose, and how the whole selection process for board members goes down.

It’s fascinating stuff, especially when you realize that boards aren’t just for those big, publicly listed companies.

They’re in non-profits and startups, too, making decisions that can really change the game.

And let’s not forget the hot topics like digital transformation and human capital.

Understanding these aspects of business is crucial, and boards need to be on top of it to steer their organizations in the right direction.

So, whether you’re curious about the inner workings of boards, thinking of becoming a board member yourself, or just love a good behind-the-scenes look at the business world, this episode’s got something for you.

Stick around, and let’s get boardroom-ready with Wong Su-Yen!

Listen to the episode on Apple, OvercastSpotifyGoogle Podcasts, or your favourite podcast platform.
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