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A Board Director is an executive member of the board, who provides leadership and strategic direction. They provide strategic leadership and direction to the executive team, help to define the high-level strategy, oversee the management team, as well as supervise them. They may also be in charge of corporate governance, resilience management, risk management mergers and acquisitions, culture and talent.

The most effective boards have a diverse mix of backgrounds, including ethnicity, skills and gender. This helps to foster new perspectives that challenge assumptions. They also are committed to collaboration and communication and ensuring that all ideas are heard, even if they don’t agree with them. Board Directors are accountable towards the organization, and must act in its best interests at all times. They sign a conflict-of-interest statement and are reimbursed for meetings expenses.

The chairperson is the leader in the board, and is responsible for facilitating productive meetings, establishing strong dynamics among members, and making sure that everyone is involved. A successful chairperson will be able set the agenda, facilitate discussions, stimulate debate and ensure that everyone is fully engaged. They usually collaborate closely with the CEO and have a direct influence on the way the board operates. They may even gain some level of fame similar to Steve Jobs, the founder of Apple and Elon Musk, the CEO of Tesla. This can bring a lot of prestige and attention to their personal brand. They should be able to manage all of these competing demands while remaining focused on the mission and goals of the business.

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