Active Board Member and CEO Interaction Essay

Tags: chief executive officer management stakeholders

Open, View, and/or
Download this Document

Total Length: 965 words ( 3 double-spaced pages)

Total Sources: 3

Page 1 of 3

Introduction



Negotiation, understanding of the other member’s view and role are important ingredients to embrace, if the relationship between the CEO and the board is to succeed (Murden, 2012). It must be noted that both the Chief Executive Officer and the board are charged with separate and distinct roles. Nevertheless, they must work in liaison so as to achieve the goals of the organization. Clarification of roles is important in ensuring that the CEO and the board work in tandem. The board is intended to govern, to oversee managerial trends and opportunism. The board is focused on ensuring that the CEO works in the best interest of the members (Murden, 2012. The CEO, must serve the board, among other stakeholders, effectively. The board is charged with choosing the CEO and helping them to choose their management team (Murden, 2012). The board is, ideally, the employer of the CEO. The CEO is charged with management and administration (Murden, 2012). The board sets the parameters for the CEO to use in executing policies and directions expected, and desirable to the board (Murden, 2012).

Relationship between active board member and CEO



The Role of the active member of the board

Advise the CEO. The substance of strategic decisions is explained and discussed by directors before they advise the CEO on the best way to transform such strategies into action (Russell Reynolds Associates, 2014).

Stuck Writing Your "Active Board Member and CEO Interaction" Essay?

View All Our Example Active Board Member and CEO Interaction Essay

Have A Custom Example Essay Written



They ask hard questions. The CEO is subjected to questions that may be probing and rather uncomfortable by the directors. The performance of the organization vis a vis the decisions made are always on the spotlight (Russell Reynolds Associates, 2014). Typically, directors demonstrate the ability to ask and query.



The act when needed to do so. The chairman gives the directors the green light to act whenever the future or present portfolio of an organization is under siege Russell Reynolds Associates, 2014). They act toughly and decisively when there is a crisis.

They are fully committed and engaged with the organization. Such a stance is always manifested in how they handle crisis and on matters that affect an organization’s performance (Russell Reynolds Associates, 2014).

Shared responsibilities



Commitment to act in the interest of an organization(Russell Reynolds Associates, 2014).

Build a closely knit but independent relationship. There is a common effort to build productive professional relationships that give space to the CEO to execute their duties without interference. Objectivity is a core value (Russell Reynolds Associates, 2014).

Set expectations: the parties set both personal expectations and expectations for each other. The Endeavour to keep….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


References

Björklund, F., & Dahlström, H., (2016). Why have an Active Board of Directors? A Quantitative Study of SMEs. Umea School of Business and Economics. Retrieved 14, January, 2018, from http://www.diva-portal.org/smash/get/diva2:954090/FULLTEXT01.pdf

Ranft, A. L., & O’Neill, H. M. (2001). Board composition and high-flying founders: Hints of trouble to come? Academy of Management Executive, 15(1), 126–138. 

Russell Reynolds Associates (2014). Essential Elements of an Effective CEO-Board Relationship. A Model for Boards Led by Non-executive Chairmen. Retrieved 14, January, 2018, from http://www.russellreynolds.com/insights/thought-leadership/essential-elements-of-an-effective-ceo-board-relationship

Murden, L., (2012). The Board and the CEO Relationship. Retrieved 14, January, 2018, from http://betterboards.net/relationships/the-board-and-the-ceo-relationship/

sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Active Board Member And CEO Interaction" (2018, January 16) Retrieved May 21, 2025, from
https://www.aceyourpaper.com/essays/active-board-member-ceo-interaction-essay

Latest MLA Format (8th edition)

Copy Reference
"Active Board Member And CEO Interaction" 16 January 2018. Web.21 May. 2025. <
https://www.aceyourpaper.com/essays/active-board-member-ceo-interaction-essay>

Latest Chicago Format (16th edition)

Copy Reference
"Active Board Member And CEO Interaction", 16 January 2018, Accessed.21 May. 2025,
https://www.aceyourpaper.com/essays/active-board-member-ceo-interaction-essay
   

Open, View, and/or
Download this Document
order custom essay example