The performance of your company’s board is vital to its success. However, if the board is poorly managed it could be detrimental to the entire business.

To increase the effectiveness of your board, ensure that all members are aware of their roles and responsibility. Establishing clear communication between the executive team and the board is another method to improve the effectiveness of your board. This is vital to the smooth operation of a Board, and helps keep clear of confusion over the distinction between governance and operation.

A board must also ensure that they possess the correct combination of experience and talent. It is important to have a smooth process that can translate the decisions made into actions taken later. It is crucial to have the appropriate tools, for instance, a board management portal that allows you to manage meetings and documents.

To be effective In order to achieve effectiveness, it is vital to consider factors such as age, gender and experience when deciding the composition of the board. To determine the most effective structure for a specific company, structures such as the size of the board and the number of committees and how the board functions together need to be considered.

Not least, the effectiveness of the board needs to be assessed. It should be conducted on a regular basis. The evaluation should be thorough and led by a board-member who is open to honest opinions. The assessment should be used to enhance the performance of the board.

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