Leadership | Board traps you can't afford to fall into

The Board of Directors is the beating heart of a company. A good Board should consist of business experts – each a valued member of their field and each with essential insight to give.

The company’s ability to put together an agile, expertise-driven board will make the difference between its success or failure.

Despite this, even in some of the biggest companies in the world, historic Boards have come to inadequate conclusions and the outcomes have negatively impacted the company. Sometimes, the decisions have been poor, because of a lack of adequate information, yet sometimes the decisions have been poor because the Board itself isn’t fit to make the decision.

Here are the five most essential board mistakes that you can’t afford to make.