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Effective Board Meetings - |
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Effective Board Meetings
7. Improving Your Skills
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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