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The Governance Compass
Institutional Insights for Boards, CEOs, Chairs, and Investors
The Governance Compass is Board Alchemy’s periodic intelligence brief for leaders operating at capital inflection points. Each edition distils boardroom-level insights on influence coherence, decision velocity, and execution integrity—drawn from research across private equity, venture capital, and complex M&A environments, where pressure, scrutiny, and consequence converge.
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The Compressed Crucible: Navigating the First 90 Days in a PE-Backed Environment
With $3.6 trillion trapped in unrealised value globally, PE-backed CEOs face unprecedented pressure. The data reveals a structural truth: they fail not from lack of capability, but from influence coherence collapse. This newsletter unpacks the mechanics of CEO survivability in 2026 and why influence has become the most critical execution infrastructure. The 2026 Reality: When Survivability Becomes a Systems Problem The private equity landscape has fundamentally transformed. T
Veselin Shivachev
2 days ago4 min read


Executive Influence: Leading Through High-Stakes Leadership Shifts
In the current business landscape, the "honeymoon phase" has effectively vanished. As we navigate a global economy defined by rapid technological shifts and evolving social contracts, every stakeholder—from the boardroom to the frontline—is silently asking the same question: Did we make the right choice? Research indicates that the earliest actions a new chief executive takes (or pointedly avoids) shape a narrative that quickly hardens into a permanent reputation. Once that s
Veselin Shivachev
Jan 36 min read


Stewardship Over Control: Managing Stakeholders in Times of Board Crisis
Why Stewardship Is the Leadership Imperative In moments of crisis, most boards default to damage control. Information becomes guarded, messaging turns defensive, and decisions are made in small, insulated circles. The emerging practice of high-performing governance shows that effective crisis leadership lies not in controlling stakeholders, but in stewarding them. Boards must act not as crisis managers but as stewards of trust . This edition of The Governance Compass unpacks
Veselin Shivachev
Jan 34 min read


Innovation Inside the Boardroom: Where Governance Meets Creativity
Why Innovation Must Begin at the Top Many believe that innovation within the boardroom means embracing new technologies to make governance more efficient. But innovation is not efficiency — it is the by-product of a board that is already effective, aware, and agile. Real innovation begins not with software, but with behavioural creativity. It is not what boards do with tools — it is how they think, relate, and adapt. Innovation is no longer the responsibility of product teams
Veselin Shivachev
Jan 34 min read


The Hidden Side of CEO Transitions
CEO succession is one of the most consequential undertakings any board will ever steward. It is the moment when a single decision reverberates through a decade of organisational life, shaping strategic direction, cultural identity, investor confidence, and the organisation’s long-term trajectory. Boards routinely commit significant time and attention to identifying and selecting the next chief executive. Yet surprisingly few apply the same rigour to preparing themselves for t
Veselin Shivachev
Dec 12, 20258 min read


Why Most Leadership Development Programmes Don’t Stick — and What Makes Learning Last?
What truly transforms how leaders think, decide, and behave? Leadership development has become one of the most heavily invested areas of corporate life. Every year, organisations spend billions on programmes, retreats, and coaching aimed at shaping better leaders. Yet, despite the effort and resources, the impact often fades within weeks. Leaders leave inspired but unchanged — notebooks full of frameworks, inboxes full of good intentions, and calendars that quickly crowd out
Veselin Shivachev
Dec 5, 20256 min read


Influence - The Force Field Mastery
1. Editorial Opening — The Invisible Physics of Leadership In every boardroom, unseen forces shape visible decisions. Strategy papers, quarterly reports, and compliance frameworks often mask a deeper negotiation — one between legacy structures, interpersonal power, institutional inertia, investor pressure, market volatility, and stakeholder expectation. These forces are rarely named aloud, yet they manifest in hesitation, passive resistance, diluted decisions, or sudden derai
Veselin Shivachev
Dec 5, 20256 min read


The Influence Quotient: A Boardroom Playbook for Navigating Geopolitical Uncertainty
1. The Geopolitical Imperative for Today’s Boardroom The geopolitical landscape has shifted — not subtly, but systemically. Boards accustomed to navigating globalisation’s tailwinds now face a radically different terrain: strategic rivalry, supply chain fragmentation, sanctions volatility, technological decoupling, and rising economic nationalism. The predictable frameworks of a post-Cold War era are dissolving into a multipolar era of volatility. As one policy review starkly
Veselin Shivachev
Nov 28, 202513 min read


From Oversight to Impact: How Influence Converts Governance into Competitive Advantage
The revised UK Corporate Governance Code now requires boards to ensure that a company’s purpose, values, strategy, and culture are aligned. This subtle but profound shift signals that culture is no longer peripheral — it is part of the governance architecture itself. The Financial Reporting Council is moving beyond procedural assurance toward behavioural proof: culture must now be observable, measurable, and lived. Yet alignment doesn’t happen automatically. It cannot be m
Veselin Shivachev
Nov 14, 202515 min read


Time to Sharpen the Saw!
Leadership Renewal in the Age of Execution Stephen Covey’s timeless principle — “Sharpen the saw” — was never just about self-care. It was about preserving the human capacity to lead with clarity, coherence, and conviction. Today, in an environment defined by volatility, velocity, and complexity, renewal means regulation. Leaders don’t simply recharge; they recalibrate — aligning their internal state with the external system they lead. Because in this era of perpetual trans
Veselin Shivachev
Nov 7, 20255 min read


The 4× ROI Leadership System: Building Influence for Sustainable Transformation
1. The Core Premise Every transformation—whether it’s Vision 2030’s national ambition or a global board’s ESG pivot—rises or falls on one invisible variable: behavioural coherence. When leadership behaviour aligns, strategies move faster. When it fragments, even the best-funded initiatives lose momentum, clarity, and trust. Research by McKinsey (2025) , PwC Middle East (2024) , and the Centre for Creative Leadership (2024) confirms a consistent pattern: Organisations that in
Veselin Shivachev
Nov 7, 20258 min read


Why Your Board May Be Misreading Complexity?
The Crisis Isn’t Just Strategic! Boards are trained to see crises through a strategic lens: broken supply chains, regulatory overreach,...
Veselin Shivachev
Oct 10, 202513 min read


Veselin Shivachev
Oct 2, 20250 min read


Veselin Shivachev
Sep 30, 20250 min read


Influence Isn’t a Skill to Master — It’s a Behaviour to Embody!
A Governance Compass Deep Dive on Influence as Relational Intelligence 1. What Influence Is — and It Isn’t In the boardroom, influence is...
Veselin Shivachev
Sep 26, 202516 min read


When Every Decision Feels Wrong: Double Binds in the Boardroom — and How to Lead Through Them!
1. Editorial Narrative: What Is a Double Bind? Every board seeks clarity. Yet many of the most difficult moments in governance do not...
Veselin Shivachev
Sep 19, 202513 min read


Veselin Shivachev
Sep 18, 20250 min read


Veselin Shivachev
Sep 18, 20250 min read


Veselin Shivachev
Sep 16, 20250 min read


Veselin Shivachev
Sep 12, 20250 min read
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