Board of Directors blog posts focus on how to become a more effective board member, how to establish the governance priorities and best practices. They also address issues specific to employee stock ownership plans (“ESOP”)-owned companies and other topics relevant for the board of directors generally.
Good governance means that the board is genuinely interested in the larger goals of the business and proficient in the global or market in which the company hopes to have an impact. It also means the board is able to speak up when they observe problems and is coachable. It is a clear structure that balances the power. However it’s not always effective well.
Many people who sit on boards are bored and unengaged. This could be because of a lack of interest, the culture within their company or even their personal personalities. Some board members don’t know what their job is. Others are aware that they’re not functioning well.
This article is aimed at the second group of people who have been offered seats on governance boards, but are having a difficult time engaging and productive. This is not a slam on Johns and Daves, but a reflection of the pathway to https://hitachivantaraforums.com/what-do-board-of-directors-want-to-hear/ board positions (and C-level positions). The article provides some foundational elements for changing the game. Diversity of thought is often attained through the differences in gender, age and ethnicity, education, context and experiences.