Introduction
A director is an officer of the company. Executive directors deal with company operations. Non-executive directors help guide the overall direction of the business and perform certain monitoring and specialist functions. Both should do this in accordance with the law and the objectives of the business.
The most effective board of directors typically consists of a group of professionals who bring a breadth of skills, experience, contacts and diversity to your business. Choosing the right mix of personalities and skills for your board can improve your business’ chances of success. As your company grows and changes, you may find you need to adjust the board’s composition to meet changing needs and circumstances.
This guide explains the different types of director, what they can bring to your business. It provides advice on how to go about finding and recruiting appropriate candidates.
Subjects covered in this guide
