Corporate governance has evolved a great deal in the last fifteen years. Directors are required to be far better educated in their company’s strategy and more independent from executives than in the past. They have to be free to express criticism, but also capable of resolving issues. A chair’s most important responsibilities include a focus on leadership, as well as: The orientation of new members and continuing education Recruiting new directors Building a dialogue and resolving disagreements between members Gearing the dialogue toward decision making They should not be wasting their valuable energy overseeing logistics tasks. You should consider upgrading…
Board Chairs Need to Focus on Leadership Not Logistics
