Qualities of the Board of Directors
Ideal board members should have all the qualities with ethics and values that drive the organization like human dignity and accountability.
Members of the board should know the roles and responsibilities and it must ensure that the goals are met and diversity among the board members looks the way for proper decisions from various points. It plays an important part in handling dilemmas and involving ethical reasoning.
The major corporation should look for integrity among board of members and there should have relevance and willingness to focus on specific aspect of the issues and to understand the effective members with time.
Team commitment and team building is the major quality of board member. There should have communication and leadership with honesty and integrity. There should have proper accountability and transparency. The board of members should be reasonable and attainable with the performance goals and there is a need to achieve adequate operating performance. Board of members should also be responsive to save the lives. Regular meetings and discussion is considered a hallmark of the board of directors. Good attendance is important for individual board members.
There should have good balance directors and there should have reasonable and attainable as well as measurable goals of performance. Board of directors should possess experience and skills to deal with complex issues and to understand the risks of the company. Formal education for them is also important and continuous professional enthusiasm helps them to participate on committees successfully.