Board Performance Results

This page outlines a collection of information on our website regarding board performance.  You can refine these search results using the options provided in the left-hand menu.

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1-10 of 10 results
  • Seeking External Advice

    Content Type: Director Q and A

    31 Jan 2013

    Directors and boards occasionally may need to consider seeking independent professional advice in order effectively to deal with an issue and it is considered good practice to have policies and procedures in place to do so. This Q&A runs through the legal and corporate governance issues as well ...

  • Evaluating an Organisation Before Joining

    Content Type: Director Q and A

    31 Jan 2013

    Joining any board is an important step regardless of the type of organisation or your level of experience. Yet many directors take this step without sufficient reflection on the possible risks in terms of personal financial liability and reputational damage, and without sufficient investigation of t...

  • Selecting A New Director

    Content Type: Director Q and A

    31 Jan 2013

    A board needs to have a broad mix of skills and experience to be effective. The key goal in selecting directors is to build a mix that can work as a well-rounded team in fulfilling its duties and responsibilities. A formal and transparent procedure for the selection, appointment and re-appointment o...

  • Role of CEO and MD

    Content Type: Director Q and A

    31 Jan 2013

    The CEO is the more senior executive in the organisation. The Managing Director is also the most senior executive but sits on the Board of Directors as well. This Q&A outlines the main aspects of the MD's/CEO's role and the differences between them as well as executive service agreements and del...

  • Improving Board Effectiveness

    Content Type: Director Q and A

    31 Jan 2013

    An effective board is crucial to the success of an organisation and it must have the right mix of skills and knowledge to work effectively. This Q&A discusses ways to improve board effectiveness including board composition and diversity, relationships within the board, internal processes and per...

  • Appraisal of the CEO

    Content Type: Director Q and A

    31 Jan 2013

    The board has the responsibility of assessing the performance of the CEO and has a vested interest in ensuring the CEO is effective. This Q&A explains the process of how to conduct an appraisal, how often they should be carried out and other considerations to take into account to ensure a good r...

  • Advisory Boards

    Content Type: Director Q and A

    31 Jan 2013

    Advisory boards provide non-binding strategic advice to organisations. Unlike statutory boards required by the Corporations Act 2001, they are informal in nature and therefore have greater flexibility in how they are set up and managed. This Q&A describes the role of advisory boards, when a comp...

  • How Many Directors Does a Company Need?

    Content Type: Director Q and A

    31 Jan 2013

    This outlines how many directors companies should have The company's constitution governs the number of directors and may provide for a variation of that number. Is There a Prescribed Maximum Number of Directors? There is no prescribed maximum number of directors. The ASX CGC Corporate ...

  • Rights of Directors

    Content Type: Director Q and A

    31 Jan 2013

    The rights of company directors centre on enabling them effectively to perform their duties. Rights are set down in either a company’s constitution or in the Corporations Act 2001’s replaceable rules. This Q&A outlines these directors' rights, including the right to receive internal information,...

  • Relationship Between the Board and Management

    Content Type: Director Q and A

    31 Jan 2013

    A productive and harmonious relationship between the board and management is critical for good governance and organisational effectiveness but can be difficult to achieve in reality. The board and management are trying to achieve the same vision and objectives so a partnership based on trust and res...