The essentials of being a director

Created: July 9, 2020 at 10:08 AM | Updated: July 14, 2020 | By NZ Navigator Trust

The essentials of being a director, Ngā mea Waiwai o te Tūranga Whakataka is a guide developed by the Institute of Directors NZ and FMA. 

It discusses the range of ethical, legal, and commercial duties and obligations of Directors, many of which apply to both profit and not-for-profit organisations. 

Essentials for being a director guide

 

The guide outlines the main areas of focus for effective directors, including:

  • due diligence before accepting a directorship
  • working with other board members and management
  • decision making
  • signing off financials
  • raising capital
  • what to do if things go wrong.