CHAPTER SEVEN Recruiting and Maintaining an Effective Board
Monica Langa and Arturo Langa
Introduction
In order to recruit and maintain an effective board, it is important to “start from first principles” in terms of absolute clarity on the role that the board fulfils as well as the parts of governance codes, and other regulatory codes, that have a bearing on board recruitment and evaluation. There was a time that it was very common for board appointments to result from being “tapped on the shoulder” with candidates chosen from a narrow pool of individuals. Such appointments are becoming increasingly rare due to a combination of government, regulatory, shareholder, and other stakeholder pressures, which has encouraged ...
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