Effectiveness of Boards: Voicing Values and Addressing Ethical Issues

Effectiveness of Boards: Voicing Values and Addre...

Given their oversight role, board members place significant reliance on the word and the work produced by the Executive Management and their staff. It’s therefore critical that the board members satisfy themselves regarding the effectiveness of policies, systems and processes to ensure that they are able to make appropriate decisions.

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effectiveness in boardroom
Discussions explored questions such as: the role of the board in integrity, ethical and social standards and what should effective boards do to enhance adherence? What should the board do in terms of delegation to ensure they have discharged their fiduciary duties? How should they monitor delegations? How does the organisation define ethics? Do they have existing policies, systems etc. in place to ensure compliance with these policies?
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