In all organized societies, someone is made responsible to realize organizational and societal goals. The investors, or members of a group delegate their authority to a representative group called a board of directors. The people on the board are elected or appointed to lead the organization. Every board, over time will have first-term directors that will need to learn the established organizational culture and board functioning. Boards will also have directors that have served a number of terms that still need training in current governance theory and techniques and others that should be groomed for board officer roles.
Governance skills are not acquired by osmosis. Seasoned leaders in governance work for years on many different boards to earn their...read more