Elements and Performance Criteria
- Identify the roles of governance and management
- Facilitate the development of an effective Board
- Provide information to enable the Board to analyse the efficiency and effectiveness of the organisation in meeting its stated objectives and performance targets
- Ensure new Directors understand the way that the Board operates and the organisation's governance policy guidelines
- Highlight continuing professional development opportunities to the attention of all Directors
- Monitor relevant aspects of the appropriate federal, state and local legislation and by-laws for organisation compliance and provide advice to ensure Directors follow legal requirements when carrying out Board duties
- Provide detailed information for the Board to deal with the right matters
- Ensure the Board is aware of emerging issues in the industry that are likely to have an impact on the organisation's business
- Evaluate the identified emerging issues within a risk management and due diligence framework for their impact on the organisation and provide this information to the Board
- Differentiate governance and management issues of the organisation to ensure the Board deals with the right matters
- Collate a well structured Board paper, containing all necessary information items and including a recommendation from management, for all agenda items
- Ensure Board members receive the papers in sufficient time to study them before the meeting
- Establish processes to source appropriate internal and external professional advice for Directors to inform their decision-making (where required)
- Establish processes to deal with extraordinary matters that arise outside scheduled meetings
- Ensure that Board decisions are implemented properly
- Ensure complete and accurate minutes are recorded and reported to the Board
- Identify and implement actions that flow from the decisions clearly
- Implement the appropriate policies and procedures to support the Board's decisions within agreed timeframes
- Advise the Board promptly of issues affecting the implementation of Board decisions
- Ensure regular communication with the Board
- Provide information and advice regularly to the Board to foster informed decision-making
- Brief the Chairperson in great detail on all substantive issues at all times
- Seek clear instructions from the Board in order to implement specific policy directions (as required)
- Seek feedback from the Board in relation to the performance of staff regarding implementation of the specific policy directions