Boards and committees; what are the differences?

They may look the same but they are different.

There are important differences between boards and committees:

· A board acts as a team; the key aim is to maximise performance. A good board will be willing to upset certain stakeholders if the long-term value created by a course of action is greater than that of other potential courses. A board has a statutory duty to further only the interests of the company, although many…