Enter the Boardroom with Nurole

Fred Destin, founder of Stride VC and lead investor in notable startups like Cazoo and Deliveroo, shares insights on the complex dynamics of startup boards. He discusses how bold equity strategies, such as Zoopla's 30% giveaway, can redefine value creation. Fred argues that many boards often destroy value, advocating for a shift in approach where board members act more like scientists than prosecutors. He emphasizes the importance of curiosity, early indicators, and collaboration to foster an effective governance environment.

Elena Botelho is co-author of the international best-seller, The CEO Next Door, and partner at ghSMART. Tune in to hear her thoughts on: What mistakes do boards most often make in CEO succession? (1:50) How should boards use external advice when evaluating CEO candidates? (6:23) What lessons can board members learn from failed CEO hires? (19:46) How can individual board members overcome deference to powerful CEOs? (22:34) What's your framework for hiring a CEO? (25:49) Should CEOs have board roles? (32:53) How should boards decide whether to invest in developing a potential CEO candidate? (36:27) What can boards learn from the companies that consistently produce great CEOs? (40:15) ⚡The Lightning round ⚡(44:11)   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

Malcolm John, Founder and CEO of Action for Trustee Racial Diversity, shares his insights on enhancing racial diversity in UK boards. He discusses his journey to the boardroom and the crucial role of networking. Malcolm highlights common mistakes organizations make, emphasizing the need for genuine inclusivity instead of tokenism. He also addresses the mental toll of difficult conversations and underscores the importance of valuing diverse perspectives to foster effective governance. Tune in for enlightening strategies to ensure boards truly embrace diversity!

Christian Unger is Partner at Partners Group. Tune in to hear his thoughts on: What is the Partners Group approach to boards? (1:49) How do you attract CEOs to board roles? (5.23) What is the perfect board size? (10.18) How much ownership do individual NEDs have over specific strategies? (17:56) Where have you seen NEDs add the most value? (26:28) How do you stop disagreement for disagreement’s sake on board? (30:09) How do you measure board member value? (37:44) How many board roles are too many? (39:17) How should boards structure meetings? (40:52) And ⚡The Lightning round ⚡(43:31)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

Dorothy Burwell is a Partner at FGS Global, NED at Post Holdings, and Pennon plc. Tune in to hear her thoughts on: What key lessons as a comms exec have shaped the way you act as a board member? (2:13) How did you navigate merging four founder-led businesses together at FGS? (4:21) How quickly should changes occur post-merger? (11:17) What advice do you give to an executive team going through a merger? (12:54) How do you discover the culture of an organisation? (13:40) How has your experience at ‘Which?’ shaped your approach to comms in the boardroom? (15:42) What are the cultural differences between a US and UK board? (20:02) How do you deal with crisis comms? (22:18) What are the classic comms errors you see boards making? (24:55) How can organisations surface and escalate crises more rapidly? (27:10) How should boards manage political shifts around things like D&I? (31:56) Should boards be politically active? (34:45)How did you transition from pro bono to paid board roles?? (40:44) And the ⚡The Lightning round ⚡(43:02)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

Lisa Gordon is Chair of Cavendish and a  NED at 3i Infrastructure PLC, JP Morgan MidCap Investment Trust PLC and Magic Light Pictures Ltd. Tune in to hear her thoughts on: What sort of a NED are you? (2:10) How do you gain confidence in the boardroom? (7:37) How reliant are you on outside support to maintain your courage? (11:59) How challenging are capital markets? (15:57)  How can board members help position their organisations better in a challenging macro environment? (19:02) What should NEDs be discussing about the capital markets? (23:57) What capital market reforms are currently in the pipeline? (27:12) How can board members capitalise on the opportunities reforms will produce?? (29:46) ⚡The Lightning round ⚡(33:26) and the Audience Q and A (37:30)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

Tim Jackson, founder of QXL and a general partner at Walking Ventures, shares deep insights from his extensive experience as an early-stage investor and advisor. He discusses the crucial dynamics between CEOs and their boards, emphasizing the importance of proactive fundraising and the traits that enhance these relationships. Jackson also explores how CEOs can effectively prepare for crises, adapt as their companies scale, and the value (or oversight) investor directors bring to the table. His thoughts culminate in strategies that drive successful board interactions and decision-making.

Jurga Zilinskiene, a leading AI thinker and founder of multiple successful businesses, discusses the transformative power of boards in her entrepreneurial journey. She shares insights on how her board has added value and shaped strategy, especially in navigating the challenges of AI integration. Jurga emphasizes the need for diverse perspectives in boardrooms and outlines effective recruitment processes for non-executive directors. Additionally, she explores the importance of strategic geographic focus and how adaptive boards can drive growth.

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

Cindy Rampersaud is NED at Sage Homes and formerly SID at Hipgnosis Songs Fund Ltd. Tune in to hear her thoughts on: How have you decided which pro bono roles to take on? (1.47) What have you gained from pro bono opportunities? (3.36) How do you build relationships on boards? (5.19)  How does a board recruit the right CEO? (10.42) What role should the board play in shaping digital strategy? (13.15) What are the biggest challenges you’ve faced as a trustee? (18.16) How do you navigate the pro-bono to commercial transition? (21.14) What are the biggest challenges you’ve faced as a commercial board member? (28.38) How do you ensure constructive dialogue on a board? (33.41) What have you learnt about crisis management in the boardroom? (37.16) And ⚡The Lightning round ⚡(40:01)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