The purpose of an organisation chart is to show what the relationship of one job is to another. It is also shows the hierarchy – the ranks of job positions – within the organisation.
There are fixed items on the board’s agenda that you cannot do without, for example agenda items covering continuing obligations emerging from regulatory or listing requirements, besides other fixtures such as quarterly management accounts and new business development.
Employee satisfaction directly affects customer satisfaction, thus positively affecting our business results.
Harmony at board level is critical to a company’s success, but perhaps even more important is the healthy relationship between the board of directors and the CEO.
Most companies start, grow and die in a two-act play. During the first act, the entrepreneurial drive of the founders champions the company’s launch of the business idea and pushes up its growth through a strenuous but engaging period of development.
Is it better to be in a family business? I ask the question to provoke some thinking.
Who does not wish to cling to a position which gives you status and an annual retainer? Many independent directors have been on the same board for ten years and over.
The Situation
The client, which has been in the business for over 30 years, sought to up-skill the firm’s management team by better equipping them to lead their respective teams and above all, their strategic awareness.
On a few occasions during a board meeting you feel that it would be better if there were no executives around to express an opinion or a point of view.
High staff turnover causes negative morale at the office. Demotivation and disengagement kick in, affecting the relationship with your customers, which will eventually affect your turnover and profit margins. All this leads to a serious negative impact on your company culture and also on your company’s reputation.
