A new report out today reveals the crucial x factor that makes for a great Board Chair. In a role which often lacks a traditional job description, there is little guidance or information on how to make a success of the top job. 'What Makes a Great Board Chair', by Board performance experts, The Change Partnership, part of the Whitehead Mann Group, is the largest study to-date on how to succeed in the role.
The report is based on interviews with 215 Directors with Board positions on FTSE 100, FTSE 250, large private companies, private equity companies and public sector bodies. They have experience of nearly 800 organisations and more than half (60%) currently hold the position of Chief Executive or Chair.
Eight out of ten (83 per cent) of the Directors questioned said that the quality of the relationship between the Chair and the CEO is the decisive factor in what makes a great Board Chair. Feedback emphasised the importance of strong interpersonal skills, self awareness and empathy.
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