How
does the composition of the board of directors affect the the
strategic decision making?
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General Management
Howdoes the composition of the board of directors affect the thestrategic decision making?
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Board of Directors is at the best possible level when it involves authority within the company its consisted of these people that work on the best possible level and act as a representative of the interest of the shareholders They make sure that the call made by the Chief Execution Officer is for the benefit of anyone who is connected to the company For nonprofit organizations the role of the board of directors is to serve the interests of the general public and thus the organization Boards of directors are considered a valuable source of data and expertise which is ready to contribute to strategic decisionmaking actively initiating implementing and evaluating strategic decisionsBoards of directors of giant corporations provide governance safeguard to both equity capital and managerial employment contracts Thus the board could even be a potentially important instrument of control Board of directors affects the choice making in an organization in different ways
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