Board meetings typically occur 8 times annually. These meetings serve as forums for company strategy discussions, financial report reviews and consideration of executive director and committee reports. The primary goal is always for directors to plan on continuing to move forward by making important decisions. Performance, strategy and new initiatives are often points of discussion. […]
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Time Commitments for Independent Board Directors
The primary role of a board of directors is to create and maintain the company’s strategy. Many of the duties and responsibilities expected of board members involve work performed in various committees such as auditing, compensation, reviewing CEO performance, nomination and governance. A single board can have a number of committees, each dedicated to one […]
Board Meeting Best Practices
There are a number of best practices that board members ought to abide by both before, during, and after board meetings in order to facilitate successful and productive communication within the board. The chair of the board meeting should conduct a short telephone call with each board member a week or so before the board meeting in order […]
