By Advanced Boardroom Excellence for HR Magazine
For the second in the HR Magazine governance insight series, Helen Pitcher chairman of Advanced Boardroom Excellence focuses on what makes an effective board and where the influences and pressures on boards are emerging from.
The increasing focus on the longevity and sustainability of a company and its culture have led to a reframing of board effectiveness to emphasise the strategic, behavioural and capability challenges, and this is where the HRD can be influential.
An effective board is responsible for setting an organisation’s strategy, determining its risk appetite and monitoring business and management performance. The ability to engage and constructively challenge in an emotionally intelligent way is an increasing feature of board dynamics and capabilities. An impact of the higher female representation on boards has been an increase in the areas of engagement, debate and effective challenge, which is also positive for good governance.