If you ask some people in a group what a chair is the most common answer is “Something that you sit on.” However it doesn’t reflect the essence of the chair as an inanimate object that has been designed to be used by humans to sit on. Chairs are part of an entire category, or set of objects called “furniture” which includes other items that have the same shape, purpose or form. Chairs come in different shapes, sizes and shapes to meet the needs of people of all ages.
Board of directors are the governing bodies elected by company shareholders to establish corporate oversight and management policies. The structure of a Board may be different, and the bylaws of a company can affect how many members there are and how often they meet and how the voting procedure is carried out. A board usually consists of both insiders from the company who are familiar with the company’s inner operations and qualified people outside the company with expertise in an associated field.
The board is a governing body that monitors the CEO’s performance in the pursuit of goals that align with the company’s overall vision. When the CEO can’t be everywhere, the board can serve as an umbrella and assist the company in navigating unfamiliar waters. A successful board requires an eye for those with the right qualifications and background who are also committed to the company’s goals. The keeping of a database of prospective candidates is a good method of identifying the ideal suitable candidate for a job.
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