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2 strategies and tactics for Board Of Directors

What is Board Of Directors strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Finding the right Board Of Directors strategy can seem daunting, particularly when you're focused on your daily workload. For this reason, we've compiled a selection of examples to fuel your inspiration.

Transfer these examples to your app of choice, or opt for Tability to help keep you on track.

How to write your own Board Of Directors strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Board Of Directors strategy examples

You will find in the next section many different Board Of Directors tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for improving Indirect Purchasing Operations

  • ⛳️ Strategy 1: Enhance supplier relationships

    • Develop a supplier relationship management program
    • Create a schedule for regular supplier performance reviews
    • Negotiate fixed-term contracts with key suppliers to minimise price fluctuations
    • Introduce a preferred supplier list to streamline purchasing decisions
    • Develop long-term partnerships with strategic suppliers
    • Implement a supplier feedback mechanism to improve collaboration
    • Conduct joint business planning sessions with suppliers
    • Establish KPIs for supplier performance evaluation
    • Engage suppliers in cost-saving initiatives and innovation projects
    • Organise annual supplier summits for relationship building and performance review
  • ⛳️ Strategy 2: Optimise transportation logistics

    • Analyse current transportation routes and consolidate shipments where feasible
    • Negotiate more favourable freight rates with logistics providers
    • Explore partnerships with third-party logistics providers for cost efficiency
    • Implement a transportation management system for better route planning
    • Schedule regular reviews of transportation cost versus delivery efficiency
    • Introduce a dynamic scheduling algorithm to manage transportation more effectively
    • Consider bulk ordering or consignment stocking for frequently needed items
    • Set up periodic liaison meetings with logistics providers for performance assessment
    • Invest in staff training to improve transportation management proficiency
    • Explore collaborations with nearby companies to share transportation resources
  • ⛳️ Strategy 3: Leverage technology for procurement efficiency

    • Enhance the electronic procurement system with AI-driven analytics for better forecasting
    • Automate repetitive procurement tasks to free up employee time
    • Use data analytics to predict usage patterns and inform purchase planning
    • Implement a robust communication platform for faster approval processes
    • Regularly update the system with real-time data from suppliers
    • Conduct training workshops for employees on new system features and technologies
    • Establish a feedback loop to continuously improve the system's functionalities
    • Introduce digital dashboards for real-time monitoring of procurement KPIs
    • Integrate e-procurement systems with financial and inventory management software
    • Conduct regular audits to ensure data accuracy and process compliance

Strategies and tactics for countering an Unfavourable Organisational Reorganisation

  • ⛳️ Strategy 1: Build a coalition

    • Identify key colleagues who share your concerns about the proposed structure
    • Organise a meeting to discuss collective objections and gather ideas
    • Develop joint talking points for consistency in messaging
    • Create a proposal document highlighting alternative structures
    • Seek informal feedback from trusted board members to gauge their stance
    • Encourage coalition members to discuss concerns with their respective teams
    • Prepare a joint statement or letter to be submitted to the Board
    • Nominate coalition representatives to meet with the acting CEO for negotiation
    • Ensure coalition members are present in all meetings to voice concerns
    • Plan follow-up meetings to evaluate progress and adjust the strategy
  • ⛳️ Strategy 2: Present a well-researched counter-proposal

    • Analyse the current organisational needs and budget limitations
    • Research successful organisational structures in similar entities
    • Identify key roles and responsibilities crucial for operational success
    • Compile data and case studies that support your alternative proposal
    • Draft a clear and comprehensive organisational structure proposal
    • Highlight the benefits of the counter-proposal over the suggested structure
    • Engage with human resources for insights on personnel management
    • Seek external expert evaluations to strengthen your proposal
    • Prepare a concise presentation for the Board meeting
    • Submit the counter-proposal ahead of the meeting for prior review
  • ⛳️ Strategy 3: Leverage stakeholder influence

    • Identify stakeholders who have significant influence over the Board
    • Engage with these stakeholders to share concerns about the proposal
    • Schedule one-on-one meetings with influential stakeholders to discuss implications
    • Develop targeted messages addressing each stakeholder's interests
    • Provide stakeholders with detailed briefs on the proposal's potential impact
    • Utilise stakeholder feedback to refine your arguments and counter-proposals
    • Involve stakeholders in coalition meetings to ensure alignment
    • Propose a stakeholder-backed workshop to evaluate alternative structures
    • Ensure stakeholders are prepared to address concerns in the Board meeting
    • Follow up with stakeholders post-meeting to discuss next steps and outcomes

How to track your Board Of Directors strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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