Board of Directors Blog Posts

The board is accountable for the highest-level decisions, but not a CEO. The board appoints and, if necessary replaces a CEO of a company. It is accountable for the company’s fiduciary obligations to its shareholders and other stakeholders.

A board that is effective and sociable will treat staff as equals, not subordinates. Respectful and thoughtful members of the board listen to their staff and treat them equally, even if they disagree with the employee’s point of view. Board members must act in a manner that is consistent with the goals of the organization, regardless of size.

One of the most important aspects of effective board governance is having detailed minutes of meetings. These find out this here hitachivantaraforums.com minutes help absent members comprehend what transpired during a meeting and help to define any strategies or metrics that may need monitoring. Boards that are able to make concise, clear minutes are better prepared to navigate legal challenges.

To learn more about how to write efficient minutes of board meetings read this blog post by SSIR. The blog is a great source for anyone who is interested in board governance with a special focus on boards that are not for profit.