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The board of directors is responsible for the direction of a company. Its function is to provide leadership and guidance, to provide direction, make senior management accountable, and to bring a fresh perspective to the strategic decision-making processes of a business.
A CEO who is successful requires a board that is productive and efficient to help him expand his business. It’s not easy to find and recruit the best people for the board. There are numerous types of boards and it’s important to understand the differences.
In this series of blog posts, we’ll explore the different types of boards, how to find and motivate board members, as well as other topics. Whether you’re a CEO, founder or a senior leader seeking to improve your board’s effectiveness we hope that you find these articles useful.
The COVID-19 epidemic has changed the way we work as well as play, shop and travel, and it’s also adjusted the way some boards operate. No matter if you’re the chairperson on your board or are simply curious about how boards work, there are some things that all good chairs and their teams should be aware of in order to be more effective.