Transformative Boards For Responsible Innovation - what, how and why | Liselotte Engstam
“Most boards were designed for a slower time. It was designed for a time when the change was not as fast or disruptive which meant that you could take out your three or five-year strategy. Now a couple of things have happened. The pandemic has impacted a lot of things and boards have to work primarily just over digital. We were more on a growth horizon, now we need to look at the flexibility horizon.”
Liselotte Engstam is a transformative board leader based in Sweden. We discuss responsible innovation from the board perspective, in addition to personal experiences that forged Liselotte's pioneering career.
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Liselotte Engstam is the founder of the think tank Digoshen.
Topics covered:
How to join a company board
The first thing to do after joining a company board
Trends and challenges facing company boards
X3 characteristics/strengths of transformational boards (vs traditional boards)
How to stay informed as a board member
Org capabilities required for supporting transformative boards
How to build trust and respect in the boardroom
Management team during business transformation; how to plan succession
Diversity in the boardroom
How Liselotte broke gender barriers
Key to innovation success is breaking industry barriers (IKEA example)
United Nations Sustainable Development Goals (SDGs) - three scopes of impacts explained
"Tell us a story only you can tell"
"Envision 2050: what would you hope it to look like, feel like and sound like?"
About Liselotte:
Liselotte Engstam has a background in executive leadership positions in European, American, and Indian companies in the technology and services industries. Building on digital innovation and international leadership experience, she contributes to developing more sustainable businesses with broader value creation.
Ms Engstam serves as Non-Executive Chair and Board Director at four listed companies (TietoEvry, Zalaris, Transtema Group, and Cint Group), at two private companies (Ografy and BoardClic), and as a board member at the Climate Governance Initiative in collaboration with World Economic Forum, and as Chair of the Nordic Chapter; Boards Impact Forum. She is a founder of the Think Tank Digoshen and engages in academic research, insight development, hosting board networks and advising on modern leadership and board practices.
Ms Engstam advised European Commission on the Digitalisation of Corporate Governance, and she is the co-author of ”Leading a Board - Chairs' practices across Europe”, of “AI Leadership for Boards” and a forthcoming book on "Governance for Corporate Renewal, Innovation and Sustainability”.
Ms Engstam has a Master of Science in Engineering and Sustainability and is a certified international board director IDP-C from INSEAD. She is a Fellow at the Institute of Coaching, Harvard Medical School. Ms Eng
Learn more about Liselotte:
Personal/Work portfolio: https://liselotteengstam.com/about/
LinkedIn: https://www.linkedin.com/in/liselotteengstam/
Digoshen: https://digoshen.com/
Board Impact Forum: https://boardsimpactforum.com/
