Russell Reynolds Associates: What makes a High-Performing Board

The UK Combined Code of Corporate Governance 2003 states: “Every company should be headed by an effective board, which is collectively responsible for the success of the company.” Russell Reynolds Associates’ observations suggest that a high performing board requires a combination of components.

What do boards need in order to successfully accomplish tasks and meet the expectations of their stakeholders? Russell Reynolds finds that the best boards have four common characteristics.

  1. Clarity regarding role and focus
  2. Effective chairman
  3. Balanced board team
  4. Culture of trust and respect

In the current competitive environment, pressures will continue to build—more and more boards are responding by taking a close look at their performance in order to avoid undermining investor confidence, inviting regulatory scrutiny or depriving management of the benefits of quality oversight.

The full report is published on Russell Reynolds Associates’ website. Read the full report.


Thought leadership category