In a boardroom that is respectful even when there is disagreement, effective boards are focused on gaining consensus and moving the organisation forward.

Board members are aware of their role in the company, and how it is connected to their legal responsibilities. They align their personal actions to the objectives of the board and work hard to achieve them. They are proud of their work and appreciate the interaction between them as evident by their high levels of participation and attendance at meetings.

The board has a clear structure for its work and follows best practice in terms of parliamentary procedure and board committee structures. This lets the board to operate efficiently and effectively while having an understanding of its mission and what needs to be transferred to other governance organizations or management.

Effective board directors are well-prepared for meetings, know their duties and have a solid knowledge of the company’s operations, industry and environment. They ask excellent questions, find the truth and engage in lively discussions, both in person and on the internet.

A diverse board is a great asset. It ensures that the board has access to a broad variety of knowledge and views that allow it to have an accurate picture of the company. To manage diversity, the board must set clear standards for performance and knowledge. The board should invest in training to ensure that it stays up-to date on any new developments that could affect the ability of an organization to succeed.

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