The Board is a Team, and That’s How it Must Work

One of the main points about corporate governance concerns the way boards are formed and members selected and invited to join a board. This is fundamental for a corporate board, a not-for-profit one, or whether the government is the owner. The reason for this is simple and applies to all teams, as the board is a collegial body. Once the team has been assembled, the dies, in terms of performance, have been largely cast. Many cases of poor board governance are the consequence of a poorly assembled group. A single board member can derail a board, even more so when that person chairs it. Hence, board appointments require the utmost attention.

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