How do you resolve conflict among board members and executives?
October 18, 2024
In the high-stakes world of corporate governance, conflicts among board members and executives are almost inevitable. But how can these tensions be turned into constructive conversations that drive organizations forward? Gateway has a fascinating discussion featuring industry veterans sheds light on effective strategies for managing boardroom conflicts.
Panelists:
- Peter Kolchinsky, PhD – Managing Partner, RA Capital Management
- Laura Shawver, PhD – CEO, Capstan Therapeutics
- Dan Welch, MBA – Former CEO, Current Board Chair & Advisor
- Jayson Dallas, MD – Executive Chair, Rivus Pharmaceuticals
- Dave Madden – Founder & Principal, Narrow River Management
Effective conflict resolution in the boardroom hinges on embracing diverse opinions and fostering open communication. By creating an environment where different perspectives are welcomed and discussed openly, boards can avoid groupthink and make more robust decisions. Addressing issues head-on and recognizing that unanimous agreement isn't always possible can help organizations move forward efficiently. Establishing clear ground rules for discussions and knowing when to pause unproductive debates are also crucial for maintaining a cohesive and effective board.
Our experts' experiences offer practical strategies for resolving conflicts, enhancing communication, and strengthening leadership within your organization. Watch the video here.
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