Optimising the induction of new board directors
Appointing a new director is an important step in refreshing the board and ensuring an appropriate mix of skills, expertise, and experience around the board table. However, most boards are time pressed with critical discussions and decisions that must take place in the limited time available for board meetings.
Governance cannot afford to slow down to allow new directors to catch up. How do you ensure that an incoming director is brought up to speed quickly? What are the essential elements of a good induction program that will ensure new directors are clear on their governance role, the processes of the board as well as the business of the organisation? Attendees will consider how to design a good induction program for your board and identify the key components to be included in the onboarding process to ensure new directors get the best possible orientation to their new role.
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