11.5 Board induction Flashcards
1
Q
Who is usually responsible for board induction?
A
The company secretary
2
Q
What elements might be included in a board induction?
A
Sharing information (role descriptions, board mandates)
Briefing on directors duties
Sharing key governance information
Behaviour/cultural information about the board
3
Q
What might be one way to speed up the induction process and improve director understanding?
A
Partnering a NED with an executive board director.
4
Q
What time commitment does the ICSA reccomend for director induction?
A
At least 10 days in the first year following appointment.
