IESE Prof. Josep Tàpies, together with José María Navarro-Rubio, senior partner at Corporate Consulting, use the Creation account from the biblical book of Genesis to walk readers through the various stages of creating an effective board of directors. Each chapter corresponds to one of seven key steps.
On the first day, a board is created. The board's function is to establish the goals, strategies and objectives of the company and ensure that they are achieved.
This governing body is the bridge between management, who report to the board, and shareholders, to whom management is ultimately held accountable.
The board does not run the company's day-to-day activities, but is still its most important supervisory and decision-making body.
See full Article: http://www.ieseinsight.com/doc.aspx?id=1445&ar=3
Posts
