Better Boards Conference
From Director to CEO – A Personal Journey
Carmel Ackerly
Carmel Ackerly – Who am I?
• Carmel Ackerly is Interim CEO of the Australian Institute of Management VT and Interim CEO of Idria
• Carmel has a Masters of Management (Norwegian Business School), two Graduate Diplomas in Education and she is a CPA
• She represented AIM VT on the Victorian Premier’s recent Super Trade Mission to China and at the American Training & Development Conference in Denver, USA .
Carmel – continued…..
• Prior to joining AIM, she was the Executive Director of Hyland Business Services Pty Ltd for 12 years.
• Her client list included: the Australian Institute of Management; NAB; Family Life; GM Holden; the Guild Group; Franchise Council of Australia; Bridgestone; Bakers Delight; and Barwon Health.
Board Experience
• State Sports Centre Trust Nine Years
• Driver Education Centre AustraliaFive Years• BFC (Bristol Decorator Centres) Two
Years• Electrical Safety Commission One
Year
Executive Leadership
• Interim CEO 10 Months• Director Client Solutions Two Years• Principal Director 12 Years
The most important relationship
Board CEO
• Separation of roles• Efficient Board processes
• An analytical approach to issues management
The CEO presents and interprets, plans,
implements, monitors, reviews and reports
The Board’s role is to recruit the right CEO, then critic, evaluate
and approve.The Board has only one
employee
Separation of roles
The Right CEO
Board operational processes
• Nurturing the Board Team • Run efficient Board Meetings• Relationship with the Chair
Board Member Selection
Board Member Induction
Board Meetings
Board Minutes
Relationship with the Chair
The Board ‘WRAP’
What is the issue
Risks and challenges
Actions and decisions
Position
Key Questions
Does the business of the entity serve and protect its:
•Money•Brand•Customers/Clients
Money
Money
Brand
Be ‘One Eyed’
Balancing Priorities:
Present vs FutureInternal vs External environmentThe staff team vs the Board team
Future Focused
The Board
A critical partnership
Board CEO
• Separation of roles• Efficient Board processes
• An analytical approach to issues management