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Setting the right board culture

Members need the right motivation, be guided by shared values for the company's benefit.

CRUCIAL RESPONSIBILITY: The board chair has the job of setting the direction and tone for the board. Promoting a healthy board culture is not high on the priorities of most board chairs, but ignoring the necessity of it will eventually cause problems to arise.

COMPANIES today have to adhere to a list of governance and control guidelines that are either mandatory or highly recommended as they reflect best corporate practices.

When it comes to board composition, almost all ensure their boards have an appropriate number of members, good committees...

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