Accountancy SA vom 01.03.2011, S. 13 / General Information
Building Trust - with the board of directors
Governance is a collaborative effort. A productive collaboration relies on trust among team members and building this trust is critical to the board′s ultimate success. Board members - as team members - must be able to rely on each other openly and without reservation. The chairperson, individual board members and the board as a body must develop a trusting relationship with each other and with the Chief Executive Officer (CEO) to consolidate mutual efforts and objectives. No single relationship in the organisation is as important as that between the board, its CEO and top management. Today, most new CEOs encounter ...
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