by Vanessa Wende | Jun 20, 2023 | Boards
Ensuring the board has the right mix of skills The Board is responsible for ensuring it has the skills, knowledge and experience needed to effectively steer the company forward Board skills generally encompass: Industry: Experience in and knowledge of the industry in...
by Vanessa Wende | Jun 20, 2023 | Boards
Committees can assist in sharing the board’s workload and making more effective use of directors’ time. Committees enable a more effective consideration of complex or specialised issues. They make recommendations for action to the board, thereby ensuring that the...
by Vanessa Wende | Jun 19, 2023 | Boards
Monitoring the effectiveness of the board High performing boards monitor and assess their progress, identify performance gaps and devise strategies for improving performance. This enables better team work, better decision making, and improves the effectiveness of...
by Vanessa Wende | Jun 19, 2023 | Boards
Keeping board documentation organised The Board Cabinet can be used for storing files like the Constitution, Board and Committee charters, minutes, board papers, and other documents Directors need access to Folders can be created to add multiple documents to These can...
by Vanessa Wende | Jun 19, 2023 | Boards
What makes an effective board? Board performance is vital to the success of an organisation. To ensure the board is a strategic asset, it must have a plan of what it intends to achieve, the right mix of skills and knowledge to achieve it, effective processes,...
