Good governance entails having a board that is informed and understand the business well. When it comes to Board composition, having members with diverse skills and experiences is key. A board of a hospital for example, should not just have only medical doctors as Board Members. That would be myopic, as their thinking may not give a clear bird’s view of the entire business operations. Having members who are lawyers, accountants, engineers, could make a big difference. Now that you have a Board of directors, do you need Board committees? You may or not, as explained below. The role of…