What, exactly, do directors do?

Ioday, a good balance of “grounding” and “stargazing” is vital to preparing the organisation for the future. The board must look closely at the here and now, making sure everything is working correctly; otherwise we run the risk of missing signs of everything from neglect to malfeasance. We must also look into the next 10 to 15 years to make sure that the organisation has a robust future to look forward to.

Individual directors will increasingly find themselves being held to account for the choices that they have made in the boardroom in many areas, be it around executive compensation or “innovative” tax strategies.

https://www.linkedin.com/today/post/article/20140814031642-60894986-boardroom-101-what-exactly-do-directors-do?trk=object-title

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High-Performance Boards Are the Future. Chief executives run the company, but the board of directors must also lead the organization on the most crucial issues.

Chief executives run the company, but the board of directors must also lead the organization on the most crucial issues.

Monitoring is still important. Governance matters. But the time has come for boards to rebalance their responsibilities. Directors need to know when to take charge, when to partner and when to stay out of the way.

http://chiefexecutive.net/high-performance-boards-are-the-future