03/13/2023

The Power of a Board Chair

Understanding their value to the organization they serve

What can an effective board chair do for an organization? Quite a bit, some recent research suggests, especially when it comes to leading through a crisis.

In a recent Journal of Management article, three business scholars looked at how companies fared when board chairs or CEOs took the lead in response to a crisis such as COVID-19. According to a report on the research on Colorado State University's website, when a dedicated chair "engaged in a decisive, hands-on leadership style... their companies were more likely to create streamlined, simple strategies and fared well."

However, when the company CEO also served in the board-chair position, responses tended to be more bogged down.

Please select this link to read the complete article from Associations Now.