Decision Making Process
HC-10.1.11
The board should be collegial and deliberative, to gain the benefit of each individual director's judgment and experience.
July 2011HC-10.1.12
The chairman should take an active lead in promoting mutual trust, open discussion, constructive dissent and support for decisions after they have been made.
July 2011HC-10.1.13
The board should meet frequently but in no event less than four times a year. All directors must attend the meetings whenever possible and the directors must maintain informal communication between meetings.
July 2011HC-10.1.14
The chairman should ensure that all directors receive an agenda, minutes of prior meetings, and adequate background information in writing before each board meeting and when necessary between meetings. All directors should receive the same board information. At the same time, directors have a legal duty to inform themselves and they should ensure that they receive adequate and timely information and should study it carefully.
July 2011
