The importance of experienced board members for small and medium-sized companies

The board of directors is an important resource, a centre for managing qualifications to support and guide the day-to-day management, acting as an effective sparring partner. According to legislation, the board is also the controlling body with the formal responsibility taking care that the operation of the company is done correctly and within the law.

The fact that many companies have boards consisting of family members or friends is due to lack of appreciation of the importance of the right qualifications and the options this gives.

It may be a good idea to begin in a local forum that can create the contact between the company and the relevant managers.

This is where BoardNet South enters the picture!