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# What Are You Actually Handing the Next Generation?
- URL: https://www.wendyelliswords.com/what-are-you-actually-handing-the-next-generation/
- Published: 2026-09-28T15:27:44.000Z
- Updated: 2026-09-28T15:27:44.000Z
- Author: Wendy Ellis

My geography teacher and headmaster, Mr. Rice, seemed as permanent as the building itself. Tight curly hair, a black gown flowing with each assured stride through the school corridors: he was as much part of the school's foundations as he was its visible face.

Thanks to him, the feeling of standing thigh-deep in ice-cold water with my classmates, somewhere in the Lake District, is as strong today as it was then. It was 1996, the year our class had the honour of conducting the annual river study, an initiative Mr. Rice had led for decades, bearing witness to the passage of time as water moved along its course.

A few months ago I was looking at a screen with a new set of classmates, examining the role of Human Resources (HR) for boards, and found myself wondering whether we were asking the right question at all.

A board's responsibility is to safeguard a company for the long term: keep resources flowing in the most stable state possible and, ideally, grow the whole before the next generation picks it up to do the same.

Much like a river passing from spring to estuary, that journey is not set. Each stretch shows the best course at that point, but standing in any one of them you cannot see what comes next, and what works upstream rarely applies like-for-like downstream.

When it comes to how boards think about people, we are standing at one of those bends, still looking upstream for answers that lie ahead of us.

The label itself is a misnomer. HR carries an implicit theory of work (headcount budgets, org charts, succession plans) which assumes the work is done by employees, arranged in a hierarchy, learning through apprenticeship and gaining value with tenure. AI and robotics are breaking each of those assumptions.

So what should a board be asking? "What is our AI strategy?" belongs to management, and should already be under way. The board's question is more fundamental: if our entire reporting and control apparatus describes a production system that no longer matches reality, what do we govern now?

## The river has no answer key

Boards are used to problems that have an answer somewhere. This one doesn't, yet. Nobody has governed a workforce of people and machines through a full business cycle, and the sooner we stop waiting for a solution, the sooner we can start exploring.

> Mr. Rice never gave us the answers to the river. He sent us into it with measuring sticks and notebooks, knowing the river we recorded would not be the one the class after us would stand in. Boards now need the same discipline: get into the water and measure.

I would start with experience itself. The family firm is built on the idea that advantage accumulates over generations, through knowledge rarely written down and judgment passed on by working side by side. Some of what took a lifetime to learn can now be done by a tool in an afternoon, while other parts have grown more valuable because they are harder to find. A board that cannot tell which is which does not know what its advantage is made of, and for a family, succession may be handing over an asset whose value is shifting in the very act of passing it on.

## Supervising a fiction

A board sees the company through management's reports, built around the official org chart. Yet a growing share of the real work already runs through AI tools nobody signed off and the board cannot see. When real work drifts far enough from the structure on paper, the board ends up supervising a fiction without realising it.

This is where the language of Human Resources fails us. What a board must now understand is everything in the company that can do work, human and synthetic, and who answers when an AI agent gets something wrong. That is a question of capability, and it belongs at the board table.

## The bench that goes cold

Junior people have always learned their craft through routine work. If AI absorbs that work, where will the next generation of senior people come from? A company can run profitably for years while the bench of future leaders goes quietly cold, and nothing in the accounts will show it.

Under competitive pressure, management will naturally treat adoption as a race. The board's role is to slow the race long enough to separate what can be reversed from what cannot. A subscription can be cancelled, but twenty years of knowledge lost in a restructuring cannot be hired back, any more than water that has passed the weir can flow back uphill.

Swiss law already makes this the board's job. The overall direction and organisation of the company are among its non-delegable duties, and if the organisation of work is changing, governing that change comes with the seat.

All those decades ago, while my wellies filled with ice-cold water, my teenage self could focus only on how to endure the cold. I didn't realise it then, but it was my first lesson in stewardship and long-term vision, and *in why you must keep observing what is around you precisely because it keeps changing.*

It has become undeniable that we are living in unprecedented times. (My English teacher, Mr. Norman, would have steered me away from that hyperbole, yet I believe it to be true.) What has come before has limited value in designing how we adapt. The water will continue its path. Our role is to understand, anticipate and adapt, so the flow reaches its next stop.

As you reflect on your role within a board, how confident are you in what you are handing to the next generation for their stage of stewardship? Will it be worth more than when you received it, and by whose measure?