How to appoint the right non-executive director for your organisation?

How to appoint the right non-executive director for your organisation?   Many businesses, including smaller ones, appoint non-executive directors, or NEDs. A non-executive director does not assume the day-to-day running of a company. His/her role is one of constructive challenge, support and oversight. A non-executive director is responsible of monitoring and scrutinizing the performance of…

Definition: ‘Non-executive director’

A member of a company’s board of directors who is not part of the executive team. A non-executive director (NED) typically does not engage in the day-to-day management of the organisation, but is involved in policy making and planning exercises. In addition, non-executive directors’ responsibilities include the monitoring of the executive directors, and to act…