Enter the Boardroom with Nurole 106. Tamara Box - Advisory & professional services boards
14 snips
Jan 22, 2025 Tamara Box, a partner at Reed Smith LLP and chair at Interpath Advisory, shares her insights on advisory boards and professional services. She discusses the challenges of board dysfunction despite talent, and how her advisory board elevated performance in a changing workplace. Tamara emphasizes the importance of diversity in board perspectives, the transition challenges post-private equity, and strategies for leveraging technology. She also reflects on her plural career and what she seeks in board candidates—curiosity and passion.
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Setting Up An Independent Advisory Board
- Tamara Box describes hiring a truly independent advisory board to bring external strategic perspectives into Reed Smith.
- She says working with Nurole produced a diverse, high-calibre shortlist and a three-person board that gelled well.
Why Many Boards Become Dysfunctional
- Tamara argues many boards are dysfunctional because members are insiders with competing agendas and lack independent governance.
- She believes external ownership and independent advice can reduce dysfunction and improve governance.
Advisors Challenged Covid And AI Assumptions
- Tamara gives examples where advisors challenged Reed Smith on hybrid working and AI readiness after COVID.
- She says advisors both corrected overconfidence and validated management's views when appropriate.
