Board of Directors Blog Posts

The board is accountable for making high-level decisions, not the CEO. The board appoints and, if needed, replaces a CEO of a company. It is responsible for the company’s fiduciary responsibility to its shareholders and other stakeholders.

As a result an efficient and productive board will approach staff as colleagues, not subordinates. Respectable and thoughtful members of the board listen to their employees and treat them in a fair manner regardless of whether they agree with the employee’s viewpoint. Whatever the size of an organisation, board members are expected to take action on issues that impact the mission of the organization.

The precise minutes of meetings are essential to ensuring effective board governance. They can help members who aren’t in attendance understand the events that took place during the meeting, and can clarify any strategies or metrics which are required to be monitored. Boards that spend the time to prepare concise and clear minutes are better equipped to navigate legal challenges.

To find out more about how to write efficient minutes of board meetings go through this blog post by SSIR. The blog is a fantastic https://hitachivantaraforums.com/what-do-board-of-directors-want-to-hear/ resource for anyone interested governance of boards and governance, with a focus on not-for-profit boards.

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