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 that are specific to employee stock ownership plans (“ESOP”)-owned businesses, as well as other topics relevant for the board of director generally.
Good governance is when the board is curious, genuinely interested in the bigger visions of the business and proficient in the world or market where the company would like to make an impact. It also means that the board is empowered to speak out when things go wrong and is able to coach. It is a structure that is able to balance power in a precise way. Unfortunately it’s not always working well.
It could be due to a lack of interest, the culture of their organizations or personal traits, many people on boards are uninterested and bored. Some board members aren’t certain of what their role is supposed to be. Others know they aren’t performing at their best.
This article is directed at the second group, those who have been offered or are taking seats on governance boards but have a difficult time being productive and engaged. This isn’t a critique on Johns and Daves but rather a reflection of the process that leads anonymous hitachivantaraforums.com/data-protection-strategies/ to board posts (and C-level positions). The article offers some basic elements to change the game. The most diverse thinking is often gained through the diversity of gender, age or ethnicity, upbringing context and experiences.