What makes a good and effective board? Having recently conducted a Board Review for an Australian publicly listed company, I was reflecting on what, if any, consistent themes are evident in those boards that appear to operate more effectively than others.
What makes a good and effective board? Having recently conducted a Board Review for an Australian publicly listed company, I was reflecting on what, if any, consistent themes are evident in those boards that appear to operate more effectively than others.
Based on the work I have done over more than a decade with boards and other governing bodies both in public, private and not for profit sectors, I started to jot down some thoughts.
While I am not sure you would say these factors make for a ‘good’ board (whatever that might be) there are clearly some consistent elements on display by those boards that appear to operate effectively.
They include the following:
While I would doubt whether anyone would find the above comments ‘earth shattering’, nevertheless I would not be surprised if many boards feel they fall down in one or other of these areas. How can your board be improved?