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A good board retreat never feels like an undue burden. A good retreat energizes board members and management and makes the other hours devoted to board matters feel more useful and worthwhile.
Even when we may have entered the experience grudgingly, knowing what other activities we were foregoing by coming to the retreat, we left several hours later with a renewed sense of commitment and direction. I have seldom seen it fail.
What is it that makes a board retreat so valuable? I believe it can be summarized using an acronym based on a Star Wars character, the robot, C3PO: Concentration, Communication, Connections, Perspective, and Organized Output.
A good CEO respects board members’ precious time as an asset not to be wasted. However, a good retreat represents an investment of that time, and in return, management and board members receive great dividends in their personal and organizational growth.
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