Entrepreneur: Interacting with your board

THE board of a company is a body that oversees the activities of a company. The role of the board can be derived from a definition of their principal duty, which is to act on behalf of shareholders with their best interests in mind to protect the value and assets of the company. This is a tall order! It demands that directors be ethical, set aside self-interest and use their best judgment to make decisions solely based on what is good for the company.