how is your board involved in company strategy?

How to involve your board at the right level in company strategy

What is your board’s role in company strategy?   The board of directors exists to safeguard the company’s and stakeholders’ interests and ensure value creation in the short as well as long term.  As part of that role, it is responsible for the company’s strategy and for following up on its execution. So HOW should …

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diversity on boards of directors

The board is responsible for diversity at the company

Did you know your board is responsible for evaluating and strengthening implementation of the company’s diversity policy?   In the corporate governance guidelines of many countries, it is recommended that the board be responsible for ensuring relevant diversity in the company, not only on the board itself, but also within top management and at the …

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Professional evaluation of your board of directors

Board committees should have updated charters

Do your Audit, Nomination, Remuneration or other committees have updated charters setting out the roles and responsibilities of each committee? Have these been discussed and agreed at board level? Your board committees should have updated charters.  As described in our recent article What is a Board Charter and why is it important?, committee charters (sometimes …

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Board of Directors

Why should your company publish details about your board of directors?

Please do publish details about your board of directors!   Big, publicly listed companies don’t always do a great job describing their boards of directors to the public. Some probably think it’s not relevant. Others may not have realized what an important opportunity they are missing.  Describing the significant experience and track record your board …

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