What is Board Management?

Board management is the process of managing the board of directors or trustees to ensure that they are fully informed, active and working together for the benefit of the organisation. This involves implementing the best practices, such as clear communication and efficient management of board meetings.

The job of a board is to set the direction for your Boardroom business alongside the general manager or CEO and regularly interact with them to make sure the business is on course to meet its objectives. The best boards are comprised of a diverse group of individuals with different backgrounds and skills that can assist in making sound decisions for your company.

Ideally, the board will be comprised of a chairperson who is accountable for the running of the meetings as well as representing the board at events, as well as one or more vice chairs. This is an extremely important job and often it is those with more experience who are chosen for it. A great chairperson will make the board members feel respected and valued by fostering an atmosphere of respectful dialogue.

The most effective boards have the highest levels in collaboration and teamwork. Transparency, dialogue and the use of digital tools enable the board members to engage effectively even when they are scattered across the globe. For instance an online portal for board members that permits real-time document sharing and collaboration allows directors to remain connected and take part in making decisions even if they have other obligations.

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