Join BDO in discussion with Don Springer and Dennis Cagan, the Managing Directors for GovernX.
Key Takeaways
- Boards provide important checks and balances that can foster sound governance within an organization
- Boards should be formed with the organization’s needs in mind in advance of significant transactions
- Board members can be thought of as affordable consultants and may provide first class advice and unbiased perspectives to management in helping meet strategic objectives
- Board assessments highlighting skills/experience gaps should inform board member selection and bring differing and fresh perspectives
- High caliber board members can provide credibility and competitive advantages with stakeholders
