{"id":6012,"date":"2022-04-21T17:17:36","date_gmt":"2022-04-21T17:17:36","guid":{"rendered":"https:\/\/www.scionstaffing.com\/scionexecutivestaffing\/?p=6012"},"modified":"2022-04-21T17:17:36","modified_gmt":"2022-04-21T17:17:36","slug":"board-of-directors","status":"publish","type":"post","link":"https:\/\/scionexecutivesearch.com\/board-of-directors\/","title":{"rendered":"Who Are The Board of Directors and Why Are They Important?"},"content":{"rendered":"
Most times, large organizations and corporations will have an established <\/span>board of directors to help assess their business and establish successful growth. As an Executive Search Firm, Scion Executive spends <\/span>countless hours <\/span>working with the board of directors <\/span>to ensure a successful match for their organization<\/span>\u2019<\/span>s <\/span>new leader. <\/span>We\u2019re sharing the who and why a board of directors is important to an organization\u2019s success!<\/span><\/p>\n A board of directors is essentially <\/span>a <\/span>panel of <\/span>individuals <\/span>who are elected to represent shareholders. Every <\/span>public company <\/span>is <\/span>required by law <\/span>to install a board of directors; nonprofit organizations and many private companies \u2013 while not required to \u2013 also name a board of directors.<\/span> An executive board is responsible for the oversight of the <\/span>corporation <\/span>or organization, protecting shareholders\u2019 interests, establishing policies, as well as making decisions about important issues <\/span>that <\/span>a company or organization <\/span>may face including policies or an employee.<\/span><\/p>\nWhat is the Board of Directors?<\/span><\/h2>\n
Role of the Board Directors<\/span><\/h3>\n