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Board of Directors Blog Posts

Board of Directors Blog Posts

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Unlike a CEO who handles the day-today tasks of an organisation, a board concentrates focus on the bigger picture and is responsible for making the most important decisions. The board is responsible for selecting and, if necessary, replacing a company’s chief executive officer, and for fulfilling the fiduciary obligations of the company’s shareholders and other stakeholders.

A board that is effective and engaging will treat employees as equals, not subordinates. The most respectable and thoughtful board members are also attentive to staff and treat them with respect and respect, even if the board member disagrees with the employee’s views. Whatever the size of an company, board members are expected to act regarding issues that affect the mission of the organization.

One of the most important aspects of effective board governance is having detailed meeting minutes. The minutes can help members who are absent know what transpired at a meeting and can help clarify any strategies or metrics that need to be monitored. Boards who take the time to create clear, concise minutes will have a far more streamlined experience in navigating legal challenges.

To find out more about the process of creating effective minutes of board meetings, check out this blog post from SSIR. The blog is a great resource for anyone interested board governance, with a special focus on boards that are not for profit.

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