Role of the Board of Directors Jan 24
A short, CPD-accredited course focused on the Role of the Board of Directors in England & Wales
Introduction to Module
Chapter Objectives summary
Introduction to this Chapter
What is a Board?
Oversee activities
Your role
Maintains a focus on purpose
The reason for which it exists
Read your Objects
The Objects Clause
Long-term view essential
Pursuit of long-term success
An effective Board will...
Chapter Objectives summary
Introduction to this Chapter
What is the role of a Board?
Almost entirely unregulated
Wearing the right hat!
Very different to Annual General Meetings
Much more structured
Start with your Articles
Model A Articles?
Directors accountable
Derive powers from the Articles
Specific tips for Charity Trustees
4 tips for Charity Trustees
Chapter Objectives summary
Introduction to this Chapter
Unitary or Dual?
UK Companies (generally) Unitary
Whereas Charities are generally Dual
A two tier system
Supervisory boards focus on long-term
Committees
Main Board retains responsibility
Structure dependent on complexity
Ultimately the choice is yours
Committees can help workload get done
Chapter Objectives summary
Introduction to this Chapter
Minimum of one natural person
So what does Natural mean?
But change is in the air
For example
Can people who are not a Director attend a board meeting?
The title "Director"
Remember balance
What is key is power and duty responsibilities
The role of the Company Secretary
Chief Administration Officer?
Do you need a Company Secretary?
Chapter Objectives summary
Introduction to this Chapter
What can a Board do?
Articles are key
Delegated powers
Stem from Articles
Skills matter too
Appropriate to need
Can Directors breach authority?
In good faith?
Helping you become a better Director, Trustee and board member