Chapter 11 - Chapter 11 Directors Capabilities...

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1. Desirable Attributes in a Director Behind the corporate institutions, board structures, and CG codes are people The primary prerequisite for every director is integrity acting honestly for the benefit of the company Additionally, they need intellect, character , and personality o Intellect: combines an appropriate level of intelligence, the ability to think at different levels of abstraction, and the imagination to see situations from different perspectives o Character: being independently minded, objective, and impartial o Personality: the ability to interact positively with others, which may call for flexibility, sensitivity, diplomacy, persuasiveness, motivation, and humor 2. Core Competencies a Director Needs Experience (to supplement knowledge available to the board) Skills (strategic reasoning, perception, vision, planning, decision making, networking) Knowledge (of the enterprise, its business, board level activities, contexts)
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This document was uploaded on 11/10/2011.

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Chapter 11 - Chapter 11 Directors Capabilities...

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