What is an ideal number of persons to have on a board of directors? Why?
What is an ideal number of persons to have on a board of directors? Why?
Homework Answers
Board members are selected for the skills they bring to the table to address current strategic priorities and objectives. For instance, if an organization wants to add new products or programs or discontinue them, then get members who understand product or service development and marketing. So the number of Board members you have depends on the number of strategic priorities and requirements The average amount of board members used to be 18, The recent trending ideal number of board members firms currently have is 12.
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What is an ideal number of persons to have on a board of
directors? Why?
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