Joining a board of directors is a big responsibility. It enables you to make an enhanced contribution to the success of the organisation but it also involves responsibilities and risks.
Directors are involved in an organisation at a higher, more strategic level. We have a greater leverage and are able to make a greater contribution.
The UK Corporate Governance code requires all directors to regularly update and refresh their skills and knowledge.
What makes the difference between a mediocre director and an effective director is behaviour. And the best way to guarantee effective behaviour is to develop good habits.
So how effective are you?
Download this FREE Checklist. And then complete it. ... Takes only a couple of minutes to complete. That’s the beauty of checklists!
Establish your role and regular appraisals with your chairman
Diarise times for preparation for meetings
Be prepared to ask for help
Be prepared to challenge
Ensure that decision making employs rigorous techniques
Make sure that all decisions, including objections, are minuted
Act as a role model and demonstrate leadership
Adopt a routine for monitoring the media
Network for contacts and ideas
Commit time for CPD study and activities
You will find plenty of space to record actions you've decided you need to take and when you need to take them.