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The Supervisory Board in Transition

YESTERDAY   -   TODAY   -   TOMORROW

 

YESTERDAY

Old Boy's Network
Political influence
Main focus on the honorary post
Liability as side issue
Almost no women
Non transparency

TODAY

Appointment shaped by relationship
Political influence and scheme
Transition from honorary post to auditing instrument
Accountability
D&O insurance
Increasing female participation
Compliance

TOMORROW

The directors board as important top instrument staffed with professionals
The directors board as marked advantage
Active enterprise development
Requirement profile
Women due to skills and personality
Internationality

Board Member

Main activity: Supervise and counselling

Board members today need more than ever a broad spectrum of knowledge and skills fulfilling their main task, supervision and counselling.

Crucial is the communication between supervising board and the management:

The tasks and accountability of the board of directors are defined by the law, rules and internal regulations:

Decisions are more than ever scrutinised - ex post ! - debated over and measured with the development of the company's earnings.

The board of directors is involved in all strategic business decisions.