Back to the Basics: An Overview of Board Member Responsibilities

by Angelique Ofrasio on December 11, 2018

Board Members Responsibilities

At first glance, it would seem that the boards and their board member responsibilities are irrelevant or only have a small impact to the operations of the company. But in reality, a board’s performance can make or break an organization. A recent study by McKinsey reports that boards who can execute core operations and maintain good board relations, deliver stronger financial returns for the company. The extent of the effect of board members, also involves some of the common problems that companies have been facing for years. For instance, tension between the CEO and the management, or between the CEO and the board itself, can be due to the fact that the board was not that thorough in the recruitment and evaluation of the candidates for the CEO.

Seeing as how much a board affects the entirety of a company’s strategy, direction, and operations, shows that improving the way boards work can ultimately provide value for the company. Evaluate your board’s performance by checking how well they execute these six basic board member responsibilities.

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Transforming the Way You do Meeting Minutes

by Lemuel Canes on October 31, 2018 and last updated on November 8, 2018

Transforming the Way You do Meeting Minutes
 

Principle 1: Learn from the ancient Egyptians

Taking meeting minutes is an essential activity in all board meetings. But have you ever wondered why it is such a necessary task?

The reason finds its roots deeply in our biology and our psychology. To illustrate, let’s look at our history.

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Board Communication Software: The Key to Success

by Carlo Gesmundo on October 15, 2018 and last updated on October 17, 2018

One of the most crucial contributors to any board’s success is board communication software. The aptitude to properly convey a message and have the receiving party understand will decrease the likelihood of failure as well as increase efficiency and productivity in any work process.

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Security Address: 3 Tips for Facing Cybersecurity Threats

by Jason Cruz on October 3, 2018 and last updated on October 3, 2018

 

Rapid developments in technology have greatly increased the risk of cybersecurity issues from all around the world. Companies, whether big, medium, or small, have been targeted by hackers primarily through malware attacks and phishing scams. As a result, business leaders are starting to realize the need to strengthen their organization’s cybersecurity measures. In this article, we’ll list three measures you can use to ensure the security within your organization.

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The New Wave of Cybercrime Trends that Businesses Should Know

by Jose Sarmiento on September 28, 2018 and last updated on January 16, 2019

 

In an age where organizations and individuals are becoming increasingly reliant on the cloud, internet of things (IoT), and workforce mobility for critical business functions, it is becoming more difficult to keep track of the threats and areas where we are most vulnerable. According to CSO Online, damages caused by cybercrime are estimated to hit the $6 trillion mark by the year 2021. Experts predict cybersecurity spending to exceed the trillion dollar threshold over the next five years. With financial repercussions reaching all time highs, it’s of utmost importance to stay ahead of the curve and take note of the new wave of cybercrime trends that are expected to blight the business landscape for years to come.

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Start Reducing Cost and Improving Board Efficiency Today

Convene is our very own board portal solution. What makes Convene special?

  • Enterprise-grade security: encryption, access rights control, device security
  • Cross-platform support: native iPad, Android, Windows and Mac apps + web access
  • Automatic conversions to PDF to reduce manual conversion
  • Real-time private and shared annotations with automatic archives
  • Live control of other devices to synchronise pages during the meeting

Convene has many other features to improve boardroom productivity, security, and governance.

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