STRUCTURING THE BOARD FOR IMPROVED PERFORMANCE

STRUCTURING THE BOARD FOR IMPROVED PERFORMANCE

Boards fail to add value to their executives. Corporate events in the last decade have confirmed that Boards fail largely due to four reasons: quality, focus and dedication of board members; information architecture in and between the board and management; board structure and processes and; board dynamics. How the board members are selected and appointed; governance instruments that the board prepares to guide the discharge of their roles and responsibilities; structures that the board puts in place to enhance its performance; the understanding the board members have regarding the spectrum of their responsibilities and obligations all count a great deal. How should the board be structured to become more effective