Welcome To Board Works
The Board of an organisation is responsible for the Performance & Conformance of that organisation.
The Board delegates power & authority to Executive Management.
The Board can not delegate responsibility.
The Board is responsible.
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Performance : ( Risk Taking )
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The Board establishes vision, mission & values.
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It determines strategy.
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It ensures the organisation & structure are appropriate.
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Conformance : ( Risk Management )
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The Board monitors management's performance.
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It ensures that the organisation conforms to statutory requirements.
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It ensures risks are managed.
International focus is correctly on Conformance. It is critical that we also have correct & appropriate Performance.
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"Character is like a tree and reputation like a shadow. The shadow is what we think of it; the tree is the real thing"
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Abraham Lincoln
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