Meetings can be busy and, with so many discussions and topics to cover, it’s easy for quick actions and verbal agreements made during the meeting to be forgotten. But this can affect productivity and waste precious resources, such as time, effort and energy. Board meetings held in this way may mean that research and projects take longer to complete. This is often due to missed deadlines or miscommunication from either side. If the action’s notes and due dates aren’t clear, it’s not possible to follow up or chase on these items. So, how can we, as directors and secretaries, prevent […]
A Complete Board Roles And Responsibilities Checklist For New Directors
Whether you’re a brand new director or filling a position in a new business, there are plenty of roles and responsibilities to get to grips with. Even with the best succession planning possible, filling a previous board member’s shoes can feel overwhelming and daunting. In essence, each board member and the board of directors as a whole have a range of fiduciary duties (or legal duties) to fill. The primary role of a board is to push a business toward its goals. Having these duties outlined and agreed upon helps ensure that members act with the best interests of the […]