A board member primarily focuses on four things. First, strategy. Long-term strategy and execution are paramount. You need to have an aggressive goal and a plan on how to reach that. The second thing is performance management — how you are doing against the goals and what resources you need to devote toward that. How do you achieve the objectives? The third is the talent discussion — this is the cornerstone of all execution and is concerned with leadership and management and in some cases CEO succession. And the last is risk management as it relates to compliance and sound financial practice.
Like this content? Why not share it?
There Are No Comments
Click to Add the First »
Click to Add the First »