🏛️ Courageous Governance | INSEAD Strategy Forum | boards leading under uncertainty

On 4 June, IDN Netherlands hosted a breakout session at the INSEAD Strategy Forum in museum ’t Hart, Amsterdam.

Governance was built for a world where the future was broadly continuous with the past. That world is gone.

We explored the Exploit–Explore balance. Board agendas remain dominated by oversight and performance review — the Exploit side. The case for a shift is clear: boards need to build capabilities on the Explore side — strategic imagination, future sensing, and experimentation.

Participants identified the first capability their board needs to develop. What emerged from the tables:

🔹 Cohesion in the team — trust as the foundation for courageous conversations

🔹 Connection with the exec team — exploring together, not apart

🔹 Playfulness — space to think freely, without premature judgment

🔹 Future-forward orientation — from backward-looking review to forward-looking imagination

🔹 Constructive dissent — the habit of productive challenge

🔹 Chair’s role — protecting agenda time for strategic exploration

🔹 Strategic imagination — especially for organisations with large societal ambitions

🔹 Future-back thinking — start from a desired future, work back to today

Courageous governance is not a nice-to-have. It is the work.

Thank you to everyone who joined and contributed. 🙏