The Essential Field Guide for Company Directors

Book excerpt: Board work is complex; however, understanding the rules of the boardroom doesn't need to be! This refreshingly plain-speaking guide provides clarity, direction, and simplicity for Executive Directors and Non Executive Directors, who want a comprehensive understanding of corporate governance requirements. No stone is left unturned in exploring the legal requirements and moral expectations for directors. The relevant Acts and guidelines are concisely explained and real-life case-studies of high-profile company failings are examined to give you a full understanding of your fiduciary requirements. Board dynamics is tricky business, and having a full understanding of your director responsibilities will not only improve your overall board effectiveness and decision-making skills, it will also help you to stay out of jail and avoid massive personal fines. The cost for getting this wrong is unthinkable! This guide helps you to implement processes to safeguard yourself, and the business as a whole, so you can avoid costly mistakes and negative publicity.Whether you are a new or aspiring board member learning the foundations or whether you are a seasoned board executive seeking professional development, this guide will develop your board mastery skills and give you the insights you need to enhance your influence and impact in the boardroom. If you want to have peace of mind in meeting your fiduciary duties and want the confidence to excel in your board role, this is the most important corporate governance resource you'll ever read. Suitable for: Executive Directors and Non-Executive Directors, CEO's and Managing Directors, Family Business Owners, Board Consultants and Board Coaches, C-Suite Professionals and Senior Executives who report to Boards, and Corporate Governance Students