What do the various members of a Board of Directors actually do and where do corporate officers fit in?

A board of directors can be as simple or complicated as you like, as long as the number of directors does not exceed the number of shareholders. Having a competent board that fulfills certain functions is the safest and most productive route for your corporation.

There are many titles that function on the Board. Most of your corporate officers (high-ranking employees) will function alongside the board as well. It’s important to keep the word “leadership” in mind when thinking about these functions.

Ideally, you are able to find members of the board that are great at taking the reins of leadership, and have the skills and expertise to help you run your corporation more effectively.