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Thursday, 20 November 2008
Effective Board Meetings -
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Effective Board Meetings
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Improving Your Skills

Effective Board Meetings

7. Improving Your Skills

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A little training can make a significant difference to the performance of a board.

7.1 Individual training needs analysis will reveal what is required.

  • Which directors understand the general duties and liabilities of a director?
  • Which directors carry out their role to the required standard?
  • Which directors lack experience?

7.2 Being a good chairperson demands skill.

  • The shortcomings of the chairperson are often overlooked, particularly if he or she is also the major shareholder.
  • The chairperson should receive regular feedback on what could be improved. Consider using a non-exec to conduct a regular appraisal. The non-exec can gather feedback from the whole board.

7.3 Non-execs should receive induction training.

  • Put together an information pack about the company's operations. Set up meetings with the key management.
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