1. Successful Companies or Institutions are led by Effective Boards Effective Boards deliver Responsible people make Effective Boards © Fred Lachotzki Nyenrode Business Universiteit

2. THE ROLE OF AN EFFECTIVE BOARD IS PROTECTING THE WELLBEING AND CONTINUED LIFE OF THE COMPANY BY CREATING VALUE THROUGH, -THE RIGHT FRAMEWORK -THE RIGHT INPUTS -THE RIGHT OUTPUTS © Fred Lachotzki Nyenrode Business Universiteit

3. Resulting in Effective Boards Through Improve businesses’ or institutions’ productivity Improve “total” value creation Leading Beyond Control Leadership team Leveraging resources Carefully adding new resources Managing the milestones Increased strategic and stakeholder alignment Increased competitive advantage/position Superior long-term return on capital © Fred Lachotzki Nyenrode Business Universiteit

4. - Superior long- term return on capital invested - Increased competitive advantage/position - A strategic- and stakeholder aligned company Successful Boards deliver: l © Fred Lachotzki Nyenrode Business Universiteit

5. A company or institution is strategically aligned when the crucial people in the company decide that the quality of corporate organizational capabilities meets their expectations and enables them to execute the strategy. A company or institution posses stakeholder alignment when all relevant stakeholders confirm that their interests are fairly balanced with one another. Strategic and stakeholder alignment l © Fred Lachotzki Nyenrode Business Universiteit

6. Effective Boards Through Improve businesses’ or institutions’ productivity Improve “total” value- creation Leading Beyond Control Leadership team Leveraging resources Carefully adding new resources Managing the milestones © Fred Lachotzki Nyenrode Business Universiteit

7. Leading “Beyond Control” has two primary meanings: The “what” meaning: devoting equal time to a company’s financial performance, or institution’s end results –the finish-line- as to the ability to get there. The “how” meaning : a structured way of ‘letting go,‘ guided by fitness criteria. Leading Beyond Control l © Fred Lachotzki Nyenrode Business Universiteit

8.  Management Board and CEO  Non-Executives and Chairman  Key player in key functions  Talent pool Leadership team l © Fred Lachotzki Nyenrode Business Universiteit

9. 1.Fitness Criteria Moral compass Definition of success 3. Indicators Risk Capability Performance Leading Beyond Control Leadership team Leveraging resources Carefully adding new resources Managing the milestones l © Fred Lachotzki Nyenrode Business Universiteit 2. Strategy The “holistic” corporate or institutional agenda through Corporate Dialogue

10. BOARDS THAT DELIVER -THE RIGHT FRAMEWORK -THE RIGHT INPUTS -THE RIGHT OUTPUTS © Fred Lachotzki Nyenrode Business Universiteit

11. BOARDS THE DELIVER The right framework The right inputs, -Competence and Conscience -Processes and Structures The right outputs -Value that is added to an organization © Fred Lachotzki Nyenrode Business Universiteit

12. How does a Board create Value ? By being effective through, A Definition of Success, A Moral Compass A Great Leadership team A Supported Agenda, ( Strategy ) Transparency, Accountability, Potent Objectives and well defined Risk, Performance and Capability Indicators a less directive Style of Leadership ( Manage Beyond Control )