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The task of the board

What is the role of the board?

Illustration
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Illustration by Ajay Mohanty

Ajay Shah
There is fresh interest in the role and function of the board of directors. Some features of the board are common across a private corporation or a government agency. The function of the board is to hold the management accountable, both at a black box level and at the level of strategy and structure. In the government setting, four aspects of the board process have to be modified.

If an organisation is controlled by its management, there is the danger that the management will be lazy, corrupt or non-strategic. For this reason, the sound design is one where an organisation is
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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