INFORMATION FLOW FOR HIGH PERFORMING BOARDS
Accurate, complete and timely information is the oxygen of effective boards. Without it, directors cannot ask informed questions of senior management, mitigate risks or make good decisions. Non-executive directors, in particular, must insist on receiving quality information before a board meeting so that they can discuss issues.
Internal and external information on market conditions, competitors, political, economic, social and technological changes gives boards a view of the big picture and an advantage in becoming high-performing
A good flow of information ensures continuity between meetings and provides a transparent audit trail.