The board of directors is the governing body for the company. Its function is to provide leadership and direction in setting direction, ensure that senior management is accountable and provide a fresh perspective to the company’s strategic decision-making process.
A CEO who is successful needs an effective board and efficient in helping him expand his business. However, it’s not always easy to locate and bring the most suitable people to the board. There are many types of boards, and understanding the differences between them is critical for success.
In this series of blog posts, we’ll talk about the different kinds of boards, the best ways to attract and motivate board members, and so on. No matter if you’re a CEO founder or a senior leader seeking to increase the effectiveness of your board We hope you will find these posts useful.
The COVID-19 pandemic changed how we work or shop, play and travel and has also altered the way that some boards function. Whether you’re the chair of your board, or simply curious about how boards work there are a few things that all good chairs and their teams need to know to be more effective.