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.
13 replies on “INFORMATION FLOW FOR HIGH PERFORMING BOARDS”
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