A board of directors is an organization which supervises the activities of a business, a non-profit organization, or a government agency. It is responsible for determining the company’s governance policies, management, and other aspects and often consists of members who are both insiders and familiar with the inner workings of an organization and qualified people who are not part of it, but are experts in a particular subject. It also chooses its own officers, including the president, and other officers who are in charge of titles such as vice president or vice chair, plus treasurers and a secretary/treasurer combination. A board can have strict rules for director behavior, and can impose fitness-to-serve requirements. The board also has the authority to sack directors and have discipline procedures for fiduciary obligation violations or other violations.

A board of directors could be described as the rhythm section of an organization. It gives direction and supervision in the absence of the CEO. The CEO and executive staff focus on the day-to-day challenges of the business and implement the strategy. In ideal situations, a board of directors will collaborate with the CEO to advance the company’s performance while asking tough questions that probe into the details of operations.

The ideal board members will have an array of abilities, and a strong passion for the success of the company. They must be able to learn quickly and think on the spot. They should be able to react to situations and emotions in ways that help the group. And, finally they must be able to function in a group.

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