What makes a good Chairperson?
The answer can lie in the eye of the beholder! Some people think a good Chairperson is someone who is popular or, agrees with the majority or, is on “your” side.
The reality is often quite different. A good Chairperson has to have at least some of the following basic traits in order to succeed in the role.
- Takes time to listen and, just as importantly, makes time to ensure all Board members have an opportunity to be heard;
- Summarises debates into a few clear and concise sentences.
- Considers both sides to an argument or debate.
- Keeps to a clear Agenda and timetable.
- Does not bully or dominate.
- Engages with the Board, Management Team and staff.
- Ensure there are appropriate checks and balances in place, e.g. information provided to the Board, relevant Board committees (Audit & Risk, Finance, Corporate Governance, etc).
- Makes people feel their input is relevant and valued.
- Can manage shareholder interactions clearly and efficiently.