Appointing a NXD? – Understand Their Role for a Functional Board

At NEDonBoard’s regular dedicated non-executive director events, discussions with members has, on numerous occasions, turned to the issues around boards fully understanding the role of NXDs and how to enable a functional board. Needless to say, it can be highly unproductive to appoint NXDs to a board when some of the executive team, or even new NXD themselves, don’t fully understand the role of…