118. Gerry Murphy, Tesco & Burberry Chair - How boards add strategic value

Gerry Murphy is Chair of Tesco and Burberry, Trustee at The Burberry Foundation and Senior Advisor at Perella Weinberg. Tune in to hear his thoughts on: What were the three most consequential boardroom moments for you as a CEO? (1:42) How can boards assess how much control they have over external factors? (6:26) What frameworks do you use to assess risk? (9:33) What megatrends should be shaping strategy today? (12:29) How do you decide whether a trend is structural or cyclical? (15:01) What are the practical, board-level implications of the AI megatrend? (16:51) As CEO and Chair, where have you seen CEO succession work best? (20:30) Where do you see boards adding most value now? (27:01) How should boards strike a balance between long and short term issues? (28:34) What KPIs do you ask for from the exec team? (33:32) What can private and listed boards learn from each other? (34:22) What’s stopping them from learning these lessons? (36:11) If you could design an ideal management incentive structure, what would it look like? (37:27)⚡The Lightning Round ⚡(38:24) 

Host: Oliver Cummings

Producer: Will Felton

Editor: Alex Fish

Music: Kate Mac

Audio: Nick Kolt

Email: podcast@nurole.com

Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom