The main issues facing a Board can be summarised as:
- Having knowledge of the company’s market and its likely development
- Ensuring optimum alignment of the organisation to best serve clients
- Achieving corporate growth and profitability targets
To respond to these issues effectively, the Board relies on input from the various departments reporting to it (Sales, Operations, Human Resources, Finance, etc.) as well as excellence from them in implementing the corporate strategy, and having the foresight required to cope with a changing business environment.
