The boardroom is the place where the mother board directors of a company meet. The directors are elected by investors in order to protect and represent their personal interests. When these meetings are high-level, important decisions are made that affect everyone, from the employees of your business to investors who have shares. To accomplish the goals they set, it is vital that the board of directors have the most effective mix of knowledge and skills available. A regular assessment of the mother board will help ensure that the board is well-equipped to fulfill its duties.
In order to improve mother board effectiveness an extensive review of the board’s composition and performance as well as relationships is possible by a skilled third-party. The review typically involves structured, confidential interviews or online surveys that can reveal areas of strength and development for the board. It is also a way to help a board find ways to improve its performance, association and culture.
A template that is best in class can assist IT leaders to be seen as real business partners, and increase the likelihood of their ideas being accepted by the board. The trick is to adapt the presentation to the audience — a group of senior executives whose views are highly valued and whose approval is essential to the success of any IT project.
Boardroom Ready is a program designed by APCD to inspire and support excellence in Board Governance through positive change in the staff and boards of clubs. Applications for the 2025 cohort will be open from January 15 to February 20. The selection committee comprised of life science leaders will carefully review and evaluate each application and select the final list of participants.