The board of directors assists management develop business plans, policy objectives, and business strategy. The board of directors selects the chief executive of the business (in our case, the President), supports him/her, reviews his/her performance--and may dismiss him/her. The business and affairs of the company shall be managed through the hiring of a President who conducts the day to day affairs of the company by or under the direction of its Board of Directors. The board will ensure that the President causes all orders and resolutions of the board to be carried into effect.

The scope of involvement will vary from time to time, project to project. Overall, the board will present desires and needs of the organization, but not tactical direction, as well as listen to the ideas and suggestions from management. Management will prepare final programs to be presented for the board’s consideration. After careful, informed consideration of each program the Board will vote to implement of not.

Through regular meetings, the board helps ensure effective organizational planning and sees that company resources are managed effectively. The board of directors also sees that the company meets regulatory requirements that apply to our business. The board of directors also must assess its own performance.   The board also drives the process of committees and ensures that we have ample member participation.

Directors monitor the company's financial performance and the success of our products, services and strategy. Directors are expected to follow developments in the industry that may affect the business. They must set aside any potential conflict between their personal or individual business interests to support the well-being of the business which they serve. Each and every board member must be open minded and looking after the overall group of members. Each board member must be open and accessible to management and not play political games that are found in many large corporations.

The most effective board of directors will be a group of professionals who bring a breadth of skills, experience and diversity to the company. Ideally, members of the board should have backgrounds and contacts that differ from--but complement—the President’s background and that of the other directors. As the company grows and changes, the governing board also will evolve to meet changing needs and circumstances.