It's important for the board to understand how to properly assess the senior management team's strategic planning, helping to guide the vision
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The strategic purpose of the senior management team is to increase the span of influence, assess the broader consequences of failure, address the scope of business and be familiar with all stakeholder needs.
Corporate meeting minutes are a record that’s taken at formal meetings of managers of corporations describing the actions and decisions.
The board's involvement in talent management is minimal, but today's boards should take a larger interest to ensure growth for future success
The downside of having a CEO who is also the board chair resides in the fact that the roles are entwined, but have different responsibilities.
CEOs play an integral role whether to implement an artificial intelligence ecosystem in their business & understanding the overall impact.