The Diligent Dozen: What Board Directors Need to Know
These are the questions that every director should be able to answer—with a “yes,” in the case of the first nine, and with a reasonably comprehensive explanation in the case of the latter three.
- Strategic Direction: Does management have a comprehensive strategy and operating plan for the company to realize its performance potential?
- Resource Allocation: Are the necessary human, financial, physical, and other supporting resources
Authors: Bill Birchard, Christian Burger, Paul F. Kocourek | Source: Corporate Governance: Hard Facts about Soft Behaviors | Subject: Corporate Governance Questions