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The Board sets the strategic direction and priorities, sets board policies and management performance expectations, identifies and manages risk, monitors and evaluates organisational achievements in order to exercise its accountability to the organisation and its stakeholders.

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The difference between the chairperson and CEO

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Sean McDonald

Within every organisation, there’s a level of management that overlooks the operations and takes on the essential responsibilities of the business. For most companies, at the top of the management structure is the Chief Executive Officer (CEO), and this person essentially runs the company. While a chairperson evaluates the performance of the company. Of course, some of the tasks and responsibilities overlap, but there are a few key differences between the two roles. Below, we will dive into what separates a CEO and a chairperson from each other.

The relationship between the CEO and the board of directors

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Sean McDonald

Many people know that a company CEO meets with the board of directors every month. But very few know exactly what the CEO and the board need to talk about. Questions loom about how much detail is too much when it comes to sharing company performance yet uncertainty also often exists on the other side around what the board actually wants to hear from the CEO.

How Can Boards Leverage a Governance Consultant?

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Sean McDonald

While it’s important for boards to manage issues and challenges that their organisation is currently facing, merely reacting to problems as they arise isn’t enough for a company to flourish. Taking a reactionary approach doesn’t promote strategic, long-term thinking

How to Onboard New Board Members

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Sean McDonald

In theory, the onboarding process may seem straightforward. Your board has carefully screened and recruited individuals who are seemingly most willing to go the extra mile for your organisation, then you welcome your new recruits with an onboarding meeting that covers all their duties, responsibilities, expectations and anything else they need to know regarding your organization. From there, they’re all set to fulfill the duties and perform as you’d expect, right?

Top Upskilling Opportunities for Business Leaders

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Meredith Blair - Guest

Leaders are pivotal to the success of any business. They’re responsible for overseeing major decisions, guiding their respective teams, and ensuring that the workflow is always efficient and sustainable. On the flip side, ineffective leaders can be detrimental. Without proper leadership, seventy percent of employees will consider quitting or looking for a new job due to a lack of support or recognition.

Creating and Sustaining High Performance Boards

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Sean McDonald

The board’s role is to provide a company or organisation with ultimate governance and strategic approval. It ensures company prosperity while also meeting the interests of shareholders, and helps guide the organization towards clear outcomes that should be then carried out by management.

The Value Board Committees Contribute to Organisations

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Sean McDonald

With the pressures from shareholders and regulatory bodies, board agendas are consistently jam-packed with to-dos. And it is because of this and the little time boards have, becoming efficient in delegating, completing and discussing these items is key. This is precisely where board committees can come in, as they help set up a foundation where boards can handle issues that demand specialised expertise in different areas and subjects.

Understanding the power and importance of the board's policy making role

February 10, 2022

Few boards seem to fully understand the influence, achieve the impact, and obtain the benefits available to them through their policy making function. See why boards should understand and make better use of their policy making potential.

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Diversity of thought - is this your new board super power?

February 3, 2022

Your board is the ultimate decision-making group for your organisation. Board members are asked to address and take responsibility for the most complex matters. Diversity of thought adds value when facing complexity.

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Board Roles & Responsibilities

Related Posts

The difference between the chairperson and CEO

The relationship between the CEO and the board of directors

How Can Boards Leverage a Governance Consultant?

How to Onboard New Board Members

Top Upskilling Opportunities for Business Leaders

Creating and Sustaining High Performance Boards

The Value Board Committees Contribute to Organisations

Related Webinars

Understanding the power and importance of the board's policy making role

Diversity of thought - is this your new board super power?

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