What are the criteria for effective directors? The four areas are knowledge of the industry; ability to offer sound advice; provide strategic contacts with partners and customers; and availability, which is often overlooked until it becomes a problem. The time and thoughtfulness board members bring to their roles can be the difference between an effective board and a board that needs overhauled.

Our approach as an independent board member test the board by First, analizing the specific value each director brings to the company. Second, rating each on energy and availability. Third, since the board is a team, how do they work together? Finally, how does the board, as it currently stands, compare with the required ideal board? The difference will point out potential failures as well as identify where there is room for improvement.

Our goal is to create a successful first-class board which speaks volumes about predicting the future success in selling the company’s prospects to the outside world.