What is Board Management?

Board Management is the process of managing the board of directors (or trustees) to ensure that all members are informed, engaged and working effectively as a team to benefit the organisation. This means the implementation of best practice guidelines such as clear communication, effective board meeting management and a structured decision-making framework.

The role of a Board is to determine the direction for your business alongside the general manager or CEO and then regularly interact with them to ensure the company is on the right the right track to achieve its objectives. The best boards have a diverse mix of skills and experiences that can help them make the best decisions for your business.

The ideal board would be composed of a chairperson who is responsible for directing the meetings and for representing the board at all events, and one or more vice chairs. This is an important job, and more experienced members are often chosen for this role. A great chairperson will make the board members feel valued and respected by fostering a culture of respectable dialogue.

The most effective boards attain the highest levels of collaboration and teamwork. Transparency, dialogue and the use of digital tools enable the board members to engage in a meaningful way when they are located across the globe. For instance the board portal that allows real-time collaboration and sharing of documents allows directors to remain connected and take part in making decisions even dekstroza.io if they have other obligations.