A Board of Advice helps!
Weekly Reflections
An awareness of CORPORATE GOVERNANCE is important for DIRECTORS and LEADERSHIP TEAM MEMBERS.
A DIRECTOR is not an expert in everything, therefore ADVISERS can supply backup knowledge.
A TERMS OF ENGAGEMENT AGREEMENT for the BOARD OF ADVICE MEMBERS is important.
A BOARD OF ADVICE is not a social event – it’s serious business and the persons appointed should supplement the skills of the DIRECTOR.
Some DIRECTORS have benefited from appointing a BOARD OF ADVICE to overcome the LONELINESS of being the sole or only active Director.
The FINAL DECISION on any issue should always be made by the DIRECTOR(S).
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