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The processes that allow
boards to make the right and timely decisions
How I would define governance culture for a board
Matter whose decisions are strictly delegated to the board
Board
Reporting
Name
Institutional
Affiliation
The
processes that allow boards to make the right and timely decisions
In
a bid to make right decisions, an article on (Useem,
2006) has summarized various
process that can facilitate decision making on the basis of the rightness and
timelines of the choices made. First, creating an annual calendar enacts the
framework which forms the basis of making decisions enabling the board to remain
objective. Secondly, the process of preparing the committee charter forms the
boundaries of the decision which should be made by different members of the
board in an organization. Third, using the decision protocol enables the board
to arrive at the right choices and at the right time since necessary policies
are in place (Useem, 2006)
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