Enter the Boardroom

Professor Doyin Atewologun, Founder and CEO of Delta and former Dean of the Rhodes Scholarship, dives deep into the nuances of DEI in corporate boards. She critiques the Parker Review's effectiveness and explores the correlation between diversity and performance, arguing that inclusion is the key factor. Doyin clarifies the difference between equity and equality, stressing the importance of actively fostering inclusion beyond token hires. She also shares practical steps for board members to enhance inclusion and discusses common pitfalls in DEI implementation.

Tessa Clarke, co-founder and CEO of Olio, sheds light on her journey in building a peer-to-peer food-sharing app that has 8.5 million users worldwide. She discusses critical board moments that shaped the company's success and the importance of non-executive directors for strategic support. Tessa candidly shares her toughest challenges, emphasizing the balance between grit and when to pivot strategies. Discover her unique board rules and what qualities she seeks in board members to ensure mission alignment and effective governance.

Dame Marie Gabriel CBE, a seasoned NHS leader and chair of several prominent health boards, shares her insights on creating a thriving board culture. She discusses the importance of psychological safety and innovative risk-taking in public health. Marie explains her unique approach to structuring agendas, prioritizing resident needs, and managing distractions during meetings. Additionally, she highlights the value of developing junior members and embracing a mindset shift towards viewing risk as an opportunity. Her experiences navigating NHS challenges offer invaluable lessons for leaders.

Tune in to the conversation to hear about: The three moments that have had the biggest impact on how Thomas chairs today (01:48) International cultural differences every board member needs to know about (04:15) Practical steps to bridge cultural gaps with younger generations (6:22) The benefits of reverse mentoring versus surveys (12:15) How to de-mystify the board beyond the C-suite (13:22) Why and how boards should share board meeting conclusions with the rest of the organisation (17:35) The Ørsted story: dropping the core product, breaking into the US and managing an IPO (24:49) ⚡The Lightning Round ⚡(41:01)Host: Oliver CummingsProducer: Will FeltonEditor: Penelope CoumauMusic: Kate MacAudio: Nick KoldEmail: podcast@nurole.comWeb: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Professor Alison Taylor is a Clinical Associate Professor at NYU Stern School of Business and author of Higher Ground: How Business Can Do the Right Thing in a Turbulent World (Harvard Business Review Press, 2024). Tune in to hear her thoughts on: Why it’s so hard for businesses to be “good” (01:37) Should boards speak up or shut up on divisive issues (04:06) Where boards get it wrong with stakeholders (11:08) Should boards continue selling into Russia (18:17) The Astronomer Romance: lessons for board members (24:32) What are the most common challenges businesses face when trying to be “good”? (30:50) How sustainable is the competitive advantage of AI? (32:26) How can boards get better at navigating ethical questions? (39:01) ⚡The Lightning Round ⚡(41:07)Host: Oliver CummingsProducer: Will FeltonEditor: Penelope CoumauMusic: Kate MacAudio: Nick KoldEmail: podcast@nurole.comWeb: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Charles McManus is co-founder, non-executive director (NED) and former CEO of ClearBank, the UK’s first new clearing bank in more than 250 years. Tune in to hear his thoughts on: The three most important calls Charles made as CEO (02:08) How the board helped Charles with strategic focus (06:45) The board’s role in navigating 26 regulatory stakeholders (12:14) How the board helped balance risk and growth (17:30) How Charles would have changed his board’s composition to deliver more value (22:31) Lessons from Charles’s transition from CEO to plural non-executive (24:19) How to add value as a NED without becoming too hands-on (29:30) The key ingredients of a high-performing board (30:48) ⚡ Lightning Round (33:56) ⚡Host: Oliver CummingsProducer: Will FeltonEditor: Penelope CoumauMusic: Kate MacAudio: Nick KoldEmail: podcast@nurole.comWeb: https://www.nurole.com/nurole-podcast-enter-the-boardroom

David Dein MBE was Vice-Chair of Arsenal, where he signed Arsène Wenger, co-founder of the Premier League, and trustee of the Twinning Project. Tune in to hear his thoughts on: Betting on potential, not just past performance (2:19) David’s distinct approach to deal-making (4:46)  The Sol Campbell and Ian Wright deals (6:29) How David created such a successful relationship with Arsene Wenger (12:04) Superforecasting: Why David started the Premier League (14:35) Innovation: the importance of looking elsewhere (16:23) How David thought about investing in women’s football (19:33) Asset allocation: How the Arsenal board thought about investing in the Emirates stadium (23:47) Strategy and stakeholder management: lessons from the failed Super League and Arsenal investors (25:29) Lessons from David’s role as trustee of the Twinning Project (31:56) ⚡The Lightning Round ⚡(37:30)Host: Oliver CummingsProducer: Will FeltonEditor: Penelope CoumauMusic: Kate MacAudio: Nick KoldEmail: podcast@nurole.comWeb: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Louise Hill is Exec Chair, former CEO & Co-founder of GoHenry. Her board roles include Sibstar and Innovate Finance’s Unicorn Council for UK FinTech. Listen to the conversation to hear about: Louise’s sources of support and challenge in the early stages of GoHenry (2:01) How the board helped her with product market fit and go-to-market strategy (4:27) Three key strategic decisions where the board added value (10:22) Why it can be better to target end-users than distribution partners (12:56) The pros and cons of crowdfunding: the story behind the $5.6 million raise on CrowdCube, the highest ever at that point (14:28) Key principles of fundraising every board member should know (21:19) Where Louise could have got more value from her board (26:11) Board and founder lessons from The GoHenry exit (30:38) ⚡The Lightning Round ⚡(34:22) Host: Oliver CummingsProducer: Will FeltonEditor: Penelope CoumauMusic: Kate MacAudio: Nick KoldEmail: podcast@nurole.comWeb: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Professor Randall Peterson is a Professor of Organisational Behaviour at London Business School, where he focuses on CEO personality, top management team interaction, board dynamics, leading diverse teams, and the effects of member personality on group interaction and performance. Listen to the conversation to get his thoughts on: The biggest mistakes board members make when trying to influence people (2:14) How board members can get better at influencing (4:27) The difference between executive and non-executive influence (5:25) How power dynamics and key individuals shape decisions boards (8:37) How expertise really influences decision-making on boards (14:27)  The six archetypal board members and how to influence them (16:20) The stakeholder representative challenge: a cautionary example (24:28) How board members can influence organisational culture (27:50) Strategy vs. culture: how board members should think about the balance (36:58) ⚡The Lightning Round ⚡(40:09)Host: Oliver CummingsProducer: Will FeltonEditor: Penelope CoumauMusic: Kate MacAudio: Nick KoldEmail: podcast@nurole.comWeb: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Fiona Hathorn, CEO and co-founder of WB Directors, shares her passion for promoting diversity in boardrooms. She discusses how her own experiences shaped her mission to support women in securing board roles. Fiona highlights a success story of a woman transitioning from maternity leave to board positions. She addresses misconceptions CEOs have about board roles and the importance of culture in governance. Listeners will gain practical tips on crafting a compelling board CV, moving from pro bono to paid roles, and the common pitfalls during interviews.