Enter the Boardroom with Nurole 86. Dan Gardner (part two) - how boards get big things done
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Sep 11, 2024 Dan Gardner, an international best-selling author known for his works on risk and organizational effectiveness, shares insights on making boards more effective. He discusses how modular thinking, akin to LEGO construction, can enhance project success. Gardner emphasizes the need to prioritize climate risk in board agendas and contrasts the roles of intuition and analytical thinking in decision-making. He also explores the psychological effects of heuristics on risk perception and highlights the importance of maintaining intellectual humility in governance.
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Hoover Dam Master Builder Success
- The Hoover Dam project succeeded due to Frank Crow, a master builder with lifelong experience in hydroelectric dams.
- His expertise and team delivered the project ahead of schedule and under budget, showing the value of hiring proven leaders.
Use Modularity for Projects
- Break big projects into repeatable components to improve efficiency and reduce costs.
- Use modular "LEGO" thinking to identify parts of a project that can be done repeatedly to get better at execution.
Prioritize Climate Risk
- Boards must take climate risk seriously as it affects foundational project elements unpredictably.
- Ignoring climate change risks leads to flawed assumptions and project failures; it is essential to integrate mitigation strategies.