Corporate board members consider issues that stand to impact businesses, their employees, shareholders and consumers, helping CEOs establish strategic goals and push their companies in the right direction. Ensuring both parties live up to their commitment to maintaining the health of a company requires strong cooperation, open and honest communication, and trusting collaboration between the board and the CEO.
For this partnership to be a positive one, chief executives must forge productive working relationships with the members of their company’s board of directors. Members of Forbes Coaches Council share things board members wish company leaders knew, or would do differently, and how these aspects impact a board’s ability to provide the support, guidance and advice C-level executives need to make the best decisions for the company.
“Communicate early and often! Board members often wish executives would proactively engage with the board early on in strategic planning, seeking guidance and input to ensure alignment with long-term goals. They also seek improved communication and transparency, particularly during challenging times, to maintain trust and confidence among stakeholders.”
– Karina Ochis
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