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Board Performance: A Three-legged Stool

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While it is important that a board have some directors who are independent and others who are financially literate, having a board that works - and works well -- requires a mix of directors with significant expertise and experience and the right dynamics. This author, the head of a firm that recruits directors, explains what makes a board work well. Absolutes, like having independent directors, are important, but what makes a board work really well is a mix of directors with expertise, experience and the right dynamics.
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