TE Connectivity Power to the Board
Power to the Board is a concept that seeks to increase the influence of board members in corporate decision-making. It does this by giving board members more direct control over strategy and corporate governance. This puts them in a position to challenge management, hold it accountable, and ultimately manage the company in the best interests of shareholders. This approach may be taken through increased powers, increased involvement in oversight activities, or even through the establishment of special board-level committees to oversee key areas of the business. Power to the Board is becoming increasingly popular as companies realize the importance of strong governance and active oversight of the management team.