Transcript Slide 1
Better Boards Conference From Director to CEO – A Personal Journey Carmel Ackerly Carmel Ackerly – Who am I? • Carmel Ackerly is Interim CEO of the Australian Institute of Management VT and Interim CEO of Idria • Carmel has a Masters of Management (Norwegian Business School), two Graduate Diplomas in Education and she is a CPA • She represented AIM VT on the Victorian Premier’s recent Super Trade Mission to China and at the American Training & Development Conference in Denver, USA . Carmel – continued….. • Prior to joining AIM, she was the Executive Director of Hyland Business Services Pty Ltd for 12 years. • Her client list included: the Australian Institute of Management; NAB; Family Life; GM Holden; the Guild Group; Franchise Council of Australia; Bridgestone; Bakers Delight; and Barwon Health. Board Experience • • • • State Sports Centre Trust Driver Education Centre Australia BFC (Bristol Decorator Centres) Electrical Safety Commission Nine Years Five Years Two Years One Year Executive Leadership • Interim CEO • Director Client Solutions • Principal Director 10 Months Two Years 12 Years The most important relationship Board CEO •Separation of roles •Efficient Board processes •An analytical approach to issues management Separation of roles The Board’s role is to recruit the right CEO, then critic, evaluate and approve. The Board has only one employee The CEO presents and interprets, plans, implements, monitors, reviews and reports The Right CEO Board operational processes • Nurturing the Board Team • Run efficient Board Meetings • Relationship with the Chair Board Member Selection Board Member Induction Board Meetings Board Minutes Relationship with the Chair The Board ‘WRAP’ Key Questions Does the business of the entity serve and protect its: • Money • Brand • Customers/Clients Money Money Brand Be ‘One Eyed’ Balancing Priorities: Present vs Future Internal vs External environment The staff team vs the Board team Future Focused The Board A critical partnership Board CEO •Separation of roles •Efficient Board processes •An analytical approach to issues management