Most people want to have as little doubt as possible about what their job is and how to do it well. Well, directors are in luck, because a board mandate is a document that exists specifically to make it clear what the point of a board is and how directors can help to make the board good. It’s not a detailed instruction manual as much as a useful summary. Creating a nicely crafted board mandate is one of those things that is simple and difficult.
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81. Board Mandate (definition)
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Most people want to have as little doubt as possible about what their job is and how to do it well. Well, directors are in luck, because a board mandate is a document that exists specifically to make it clear what the point of a board is and how directors can help to make the board good. It’s not a detailed instruction manual as much as a useful summary. Creating a nicely crafted board mandate is one of those things that is simple and difficult.