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Good boards are high-functioning workgroups whose members challenge and trust one another and engage directly with senior executives on critical issues facing the organisation.

Boards also set the long-term plans or direction of the company.

Boards can be found in many organisations, including for-profit businesses, charities, schools, and even nonprofits.

Many factors make up a great board. Here is an overview of some commonalities of successful boards.

How many people sit on a board of directors?

The composition of a board can make a difference between a successful board and a less successful one.

The board’s makeup can depend on the size and type of organisation.

However, it should have enough people to manage the organisation but not too many people that it is difficult to foster productive discussions.

For a small organisation, or SME, the board could be three people. For a more prominent firm, the board could be ten people.

It’s also crucial that there is a mix of skills on the board. This includes younger people with fewer years of experience who offer a different perspective and older people with a lot of industry experience.

Choose people with different skillsets to share their knowledge and develop innovative solutions and ideas.

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When there is a diverse group of people with varying backgrounds, there will be different perspectives on how to run the organisation.

This can lead to more efficient and effective decision-making, ultimately putting the company in a better position.

One of the most significant benefits of having a diverse board is that they’ll deliver better results because of their different points of view.

The board members will come up with different conclusions, making all the difference in managing an organisation.

What happens during board meetings?

A great board of directors meets regularly to further the organisation’s objectives.

The meeting duration can vary depending on the organisation’s size and goals.

There isn’t a set schedule where they have to meet every month or year.

The important thing is that they are getting things done, whether it’s once a month or once every six months.

When you form a board of directors, you should have a goal for each meeting to ensure that there is a focus on their time together.

Meetings must also be productive, so there isn’t much time wasted on discussions or activities that don’t contribute to those goals.

A good board of directors manages risks. They must minimise company losses and safeguard its assets.

This is done by assessing potential risk factors, like new competitors in the market and mitigating the risks with solutions.

It includes things like developing strategies and adequately executing them.

A great board will have members that know how to manage a business and its growth.

What else does a great board do?

A great board of directors is independent of other influences. It sees things separately from the company to objectively assess opportunities and threats.

This means that wherever the company is, the board should be able to make decisions on the matter without any involvement from other influential people in the executive team.

A great board of directors can help determine a company’s direction by making decisions and leading discussions.

In addition, board members shouldn’t have conflicts of interest that would hinder their ability to put the organisation’s needs first.

For instance, having a board of directors made up of local competitors would not put the organisation’s needs first.

Competitors may want to put the needs of their own companies first.

Any decisions they make wouldn’t be independent and beneficial to the organisation.

Effective board members should be able to stand on their own regarding what they believe. They shouldn’t immediately give at the first sign of conflict.

The most productive conversations can occur when board members can defend and explain their perspectives and ideas in a way that doesn’t hinder progress.

Board members must feel able to express their opinions and contribute.

Does the CEO always sit on the board?

While some level of independence from the company’s leadership is essential, the CEO should still be involved in board meetings.

The CEO and other executive leaders that work within the company environment can have invaluable knowledge about the workplace culture and what’s happening with employees and customers.

The CEO shouldn’t be the only voice at board meetings, but they know that the board will need to access them to make the most informed decisions.

The success of a company can be determined by its board of directors.

Strong boards of directors are diverse, independent, and influential. They steer the company in the right direction and help it grow.

Great boards work for the company’s benefit, not themselves. 

Are you interested in becoming a member of a board? Watch David W Duffy below, explain how the Diploma in Corporate Governance will give you the director training needed to excel in board meetings.

You can also download the course brochure below.

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How To Join A Charity Board

Now, more than ever, it’s important for charities to be able to leverage professional skills and experience to help them run their operations most effectively. This guide explains how to join a charity board.

Governance developments in the charity sector

Since the introduction of charity regulators in many global economies, charity boards have continued to develop their governance structures.

Boardmatch is a registered charity that works to respond to the growing board needs of charities and not-for-profit organisations.

Boardmatch’s primary service connects enthusiastic and passionate individuals who want to volunteer their skills and expertise to charities with board and committee vacancies.

Over the last five years, Boardmatch has seen more and more charities begin to think strategically about the composition of their boards, seeking individuals with not only an interest in their cause and purpose but who have specific skills or experiences that will help to build a diverse board.

Transferable skills across sectors

Joining a charity board is your opportunity to utilise and lend your skills and share your personal and professional experiences to be part of an organisation’s strategic development.

In 2023, with many boards moving to remote meeting facilitation, Boardmatch saw a 50% increase in candidate applications.

This stems from a combination of online meetings making board volunteering more accessible and people looking for an impact and purpose outside of their ‘day-job’.

“From my perspective, there has never been a better time to consider joining a charity board. The current environment is challenging for every organisation, and charities are no exception. Now, more than ever, charities need to be able to leverage professional skills and experience to help them run their operations most effectively.” Irene O’Gorman – markets director, EY, appointed to the board of the Irish Cancer Society in 2023

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Build a better future with the Diploma in Corporate Governance.

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43. 59% of our 360 board appointments in 2023 were between the ages of 35 – 54.

The gender profile of charity boards is more equal than corporate boards, and Boardmatch’s gender ratio of appointments was 54:46, male: female, in 2023. 

“Taking on a board position was a professional development goal I had set for myself, so Boardmatch became the perfect way to gain invaluable experience at board level and be a ‘skills-based’ way to give back.” Laura Larkin – principal, KPMG, appointed to the board of Marie Keating Foundation in 2023

Why joining a charity board is your first step?

A boardroom is a boardroom, no matter what sector it serves.

Many candidates who register with Boardmatch are looking to gain board experience, with the goal of promotion or transitioning to a corporate or state board in time.

A charity board role, whilst voluntary, can be an excellent opportunity to be introduced to the workings of a board and committees, governance structures, and reporting lines between the board and management.

While the first step to joining a charity board might be for professional reasons, we find that most, if not all, individuals become passionate and invested in the charity along their journey.

There is an opportunity to meet everyone’s interests.

The proof of the benefits of sharing your skills and giving of your time is heard across our successful matches over the years, but also from the charities themselves, many of whom would not have been able to connect with these candidates if there wasn’t an open, transparent and accessible organisation like Boardmatch.

“Knowing we needed a board chair with substantial experience and the skills to guide our continued growth, we felt that we would not be best placed to recruit this person directly. Working with Boardmatch Ireland made this crucial journey one of ease, assurance and results.” Breakthrough Cancer Research

Board-ready candidates

With compliance and governance a core duty of being a charity board member, Boardmatch provides support and training to new, prospective and existing board members.

Our goal is to provide ‘board ready’ candidates to charities – candidates who are passionate about their mission, are eager to share their skills and understand the duties and responsibilities.

There will never be a perfect time to take the plunge, so be brave, be open to new experiences and challenges and ready to start your board journey.

About Boardmatch Ireland

Boardmatch, established in 2005, is a registered charity that provides board recruitment, training and review services, with the objective of upskilling charity boards.

This article was written by Hannah Coleman, communications & development manager with Boardmatch.

How To Find The Name Of The First Form In A Document With Javascript?

Document.forms Syntax

The following syntax will show how we can use the forms property to access the name of the first form of the document using JavaScript.

let formName = document.forms[0].name;

In the above syntax, we used square brackets syntax to access the first element of the collection and then used the name property to get its name.

Steps

Step 1 − In the first step, we need to define two or more form tags in the document and then access all of them using the forms property of JavaScript.

Step 2 − In the next step, we will use the above syntax to get the name of the first form in the document.

Step 3 − In the third step, we will display the number of forms as well as the name of the first form in the document on the user screen using JavaScript.

Let us understand it practically with the help of a code example −

Example 1

The example below will illustrate the practical implementation of the forms property to find the name of the first form in the document using JavaScript −

let

formElem

=

document

.

forms

;

let

firstForm

=

formElem

[

0

]

.

name

;

“The name of first form in the document: “

+

firstForm

;

In the example above, we have used two forms named as formOne and formTwo in the document. We access a list of all forms present in the document inside form, that will be of type HTMLCollection.After that, we access the first element of the list using square brackets syntax to get the first form in the document and use the name property to get the name of the form inside firstForm.

Let us see what value the forms property will return if we have two nested forms in the document.

Approach

Step 1 − In this step, we will define the two forms one inside another such that nested forms and give them particular names.

Step 2 − In second step, we use the forms property to get the list of forms present in the document as we did in previous example.

Step 3 − In third step, we will access the name of the first form using the name property and display it on the user screen using JavaScript.

Example 2

Below example will show how the forms property will react in case of nested forms −

let

form

=

document

.

forms

;

let

firstForm

=

form

[

0

]

.

name

;

“The name of first form in the document: “

+

firstForm

;

In this example, we have seen that forms property consider the nested forms as single form and returns the name of the first form in the document whether it contain nested forms or not.

After reading this tutorial, one can able to find the name of the first form in the document using the forms property of JavaScript. We also learnt about a new data type HTMLCollection that is very much similar to the array data type in JavaScript and also about the reaction of the forms property in case we have nested forms in the document.

What Is The Full Form Of Adb?

Introduction

ADB’s focus areas include infrastructure development, support for small and medium-sized enterprises, regional cooperation and integration, human development, environmental sustainability, and governance and institutional development. ADB has been instrumental in supporting the economic growth of many countries in the region, and it continues to play a significant role in promoting sustainable development in Asia and the Pacific.

History of ADB

The Asian Development Bank (ADB) was established in 1966 with the aim of fostering economic and social development in the Asia and Pacific region. The bank was founded to promote regional cooperation and economic growth by providing loans and technical assistance to its member countries.

ADB’s first loan was granted to the government of the Philippines to fund a highway project in 1967. Since then, ADB has grown to become one of the leading development banks in the world, with 68 member countries, including 49 from the Asia and Pacific region. The bank’s headquarters are located in Manila, Philippines. Over the years, ADB has expanded its operations to cover various sectors, including infrastructure, private sector development, and environmental sustainability.

ADB has also been at the forefront of promoting social development, including education, health, and poverty reduction. In recent years, ADB has focused on supporting renewable energy and sustainable development initiatives to help mitigate the impacts of climate change. ADB’s history reflects its commitment to promoting inclusive and sustainable economic growth in the region, and the bank continues to play an important role in supporting the development efforts of its member countries.

Aims and Objectives of ADB

The aims and objectives of ADB are as follows

To promote economic and social development in Asia and the Pacific region.

To help reduce poverty in its developing member countries.

To help its member countries achieve sustainable economic growth and regional cooperation.

To provide loans, technical assistance, grants, and other forms of development assistance to its member countries.

To promote environmentally sustainable development.

To support private sector development and private sector-led growth.

Programs and Projects of ADB

ADB’s programs and projects are diverse and cover various sectors to support its mission of promoting economic and social progress in the Asia and Pacific region. Infrastructure development is a significant focus area for the bank, and it provides funding for transportation, energy, water supply, and sanitation projects.

ADB also supports the development of small and medium-sized enterprises through technical assistance, training, and direct lending. The bank also supports environmental sustainability initiatives, including promoting renewable energy, energy efficiency, sustainable transport, climate change mitigation and adaptation, and natural resource management. ADB’s projects also focus on human development, including support for education, health, and social protection.

Furthermore, ADB supports regional cooperation and integration through cross-border infrastructure projects and trade facilitation. ADB’s governance and institutional development programs support the development of sound economic policies, public sector management, and the rule of law.

The bank’s projects aim to promote inclusive and sustainable development, reduce poverty, and create jobs, particularly among vulnerable groups, such as women and marginalized communities. Overall, ADB’s programs and projects cover a broad range of sectors and aim to support the bank’s mission of promoting sustainable economic growth and regional cooperation in Asia and the Pacific.

Evaluation and Impact of ADB

ADB conducts regular evaluations of its programs and projects to assess their impact and effectiveness. Independent evaluators assess the ADB’s projects and programs to determine their success in achieving their intended outcomes and to identify areas for improvement.

The ADB also conducts surveys and studies to assess the impact of its programs on poverty reduction, environmental sustainability, private sector development, and other key development indicators.

The ADB’s impact is often measured in terms of the number of people who have benefitted from its programs, the economic growth that has been stimulated, and the improvement in social indicators such as education and health.

Conclusion

In conclusion, the Asian Development Bank has played a significant role in promoting sustainable development in Asia and the Pacific region. ADB has provided financial and technical support to its member countries to help reduce poverty, improve infrastructure, and support economic growth.

Despite the challenges that remain, ADB’s commitment to sustainable development and its strong partnerships with governments, civil society, and the private sector position it as a key player in promoting inclusive and sustainable development in Asia and the Pacific.

FAQs

Q1. What kinds of projects does ADB finance?

Ans. ADB finances a wide range of projects, including infrastructure development, support for small and medium-sized enterprises, environmental sustainability, human development, regional cooperation and integration, and governance and institutional development. ADB’s portfolio includes projects in transportation, energy, water supply and sanitation, education, health, and social protection, among others.

Q2. How does ADB support environmental sustainability?

Ans. ADB supports environmental sustainability through its projects and programs by promoting renewable energy, energy efficiency, sustainable transport, climate change mitigation and adaptation, and natural resource management. ADB also helps countries develop policies and strategies to reduce greenhouse gas emissions, protect biodiversity, and improve water and waste management.

Q3. How does ADB work with the private sector?

Ans. ADB works with the private sector in a variety of ways, including through direct lending to private companies, support for public-private partnerships, and technical assistance for private sector development. ADB also promotes policy and regulatory reforms to create a more favorable business environment and attract private investment. ADB’s private sector operations aim to stimulate economic growth, create jobs, and promote sustainable development.

What Is The Full Form Of Amie

What is AMIE?

AMIE stands for Associate Member of the Institution of Engineers. It is a professional certification program in the field of engineering that enables engineering professionals to obtain a degree-level qualification in engineering. AMIE is equivalent to a bachelor’s degree in engineering and is recognized by the Government of India and many other countries around the world. AMIE is designed for working professionals who are unable to attend regular college due to work or other commitments. The program is available in various streams of engineering and covers a broad range of topics in the chosen stream. AMIE is a distance education program, which means that students can pursue it from anywhere in the world, at their own pace, without the need to attend regular classes.

Eligibility for an AMIE

To be eligible for AMIE, candidates must fulfill certain academic and professional requirements. These requirements are as follows −

Academic Requirements

10+2 (or equivalent) with Physics, Chemistry, and Mathematics as main subjects

A three-year polytechnic diploma in engineering (after 10th standard) or a four-year diploma in engineering (after 10+2)

A degree in science (B.Sc.) with Mathematics as a subject

Professional Requirements

Working professionals who have completed a minimum of 3 years of work experience in the engineering field after passing their 10+2 or polytechnic diploma in engineering are also eligible for AMIE. The work experience should be in a relevant field of engineering, and the candidate must be working in a reputed organization.

Non-working professionals who have completed a minimum of 4 years of work experience in the engineering field after passing their 10+2 or polytechnic diploma in engineering are also eligible for AMIE. The work experience should be in a relevant field of engineering.

Candidates who fulfill the academic and professional requirements can apply for AMIE. They must fill the application form and pay the required fees to become a member of the Institution of Engineers (India). Once the application is accepted, candidates can register for the AMIE program and begin their studies.

Overall, the eligibility criteria for AMIE are designed to ensure that candidates have the necessary academic and professional qualifications to pursue the program. This helps to maintain the standard and quality of education offered by AMIE and ensures that only qualified candidates are awarded the certification.

Responsibilities of AMIE

As a professional certification program, AMIE comes with certain responsibilities that its members must adhere to. These responsibilities are as follows −

Professional Requirements

Professional Conduct − AMIE members are expected to adhere to a high standard of professional conduct. They should conduct themselves in an ethical and professional manner, avoiding any actions or behaviors that could bring disrepute to the engineering profession.

Continuous Learning − AMIE members are expected to engage in continuous learning and professional development. They should stay up-to-date with the latest developments in their field of engineering and participate in relevant training and professional development programs.

Mentoring − AMIE members are encouraged to mentor and guide junior engineers and engineering students. They should share their knowledge and expertise with others in the profession and help to promote the growth and development of the engineering community.

Contribution to the Profession − AMIE members are expected to contribute to the engineering profession in meaningful ways. This could involve publishing research papers, presenting at conferences, participating in professional organizations, or serving on committees or boards related to the engineering profession.

Promoting Safety and Sustainability − AMIE members are expected to prioritize safety and sustainability in their work. They should take into account the environmental and social impact of their work and ensure that their projects are designed and implemented with the safety of all stakeholders in mind.

By adhering to these responsibilities, AMIE members can contribute to the growth and development of the engineering profession and help to ensure that it remains a respected and valuable field. These responsibilities also help to maintain the high standard of education and professional conduct associated with AMIE.

Conclusion

In conclusion, AMIE is a professional certification program that provides engineering professionals with a degree-level qualification. AMIE is designed for working professionals who are unable to attend regular college due to work or other commitments. The eligibility criteria for AMIE ensure that candidates have the necessary academic and professional qualifications to pursue the program, and the responsibilities of AMIE members promote ethical and professional conduct, continuous learning, mentoring, contribution to the profession, and promotion of safety and sustainability.

AMIE is a valuable program for engineering professionals who wish to enhance their skills, career prospects, and contribute to the growth and development of the engineering profession. The certification is recognized by the Government of India and many other countries around the world. Pursuing AMIE can provide numerous benefits to engineering professionals, including greater career opportunities, higher salaries, and improved job satisfaction.

FAQs

Q1. What is the duration of the AMIE program?

Ans. The duration of the AMIE program varies depending on the stream of engineering and the pace of the student. Generally, it takes around 4-5 years to complete the program.

Q2. Is AMIE recognized by the Government of India?

Ans. Yes, AMIE is recognized by the Government of India as equivalent to a bachelor’s degree in engineering.

Q3. Can I pursue AMIE while working?

Ans. Yes, AMIE is designed for working professionals who are unable to attend regular college due to work or other commitments. It is a distance education program, which means that students can pursue it from anywhere in the world, at their own pace, without the need to attend regular classes.

Minimum Cost To Cut A Board Into Squares In C++

Concept

Suppose a board of length p and width q is given, we require to break this board into p*q squares such that cost of breaking is least. For this board,cutting cost for each edge will be given. In a nutshell, we require selecting such a sequence of cutting such that cost is minimized.

Examples 

With respect of above board optimal way to cut into square is −

Total minimum cost in above case is 65. It is computed evaluated implementing following steps.

Initial Value : Total_cost = 0 Total_cost = Total_cost + edge_cost * total_pieces Cost 5 Horizontal cut Cost = 0 + 5*1 = 5 Cost 5 Vertical cut Cost = 5 + 5*2 = 15 Cost 4 Vertical cut Cost = 15 + 4*2 = 23 Cost 3 Horizontal cut Cost = 23 + 3*3 = 32 Cost 3 Vertical cut Cost = 32 + 3*3 = 41 Cost 2 Horizontal cut Cost = 41 + 2*4 = 49 Cost 2 Vertical cut Cost = 49 + 2*4 = 57 Cost 2 Vertical cut Cost = 57 + 2*4 = 65 Method

This type of problem can be solved implementing greedy approach. If total cost is treated by S, then S = b1x1 + b2x2 … + bkxk, where xi is treated as a cost of certain edge cutting and bi is corresponding coefficient, The coefficient bi is determined by thetotal number of cuts we have competed implementing edge xi at the end of the cutting process.

We should notice that sum of the coefficients are always constant, hence we want to compute a distribution of bi obtainable such that S is least. To do so we accomplish cuts on largest cost edge as soon as possible, which will reach to optimal S. If we encounter several edges having the equal cost, we can remove or cut any one of them first.

C++ Program

Following is the solution implementing above approach, first we sorted the edge cutting costs in reverse order, and then we loop in them from higher cost to lower cost building our solution. Each time we select an edge, counterpart count is incremented by 1, which is to be multiplied each time with corresponding edge cutting cost.

Example

 Live Demo

using namespace std; int minimumCostOfBreaking(int X1[], int Y1[], int p, int q){    int res1 = 0;    int hzntl = 1, vert = 1;    int i = 0, j = 0;    while (i < p && j < q){          res1 += X1[i] * vert;          hzntl++;          i++;       }       else{          res1 += Y1[j] * hzntl;          vert++;          j++;       }    }    int total = 0;    while (i < p)       total += X1[i++];    res1 += total * vert;    total = 0;    while (j < q)       total += Y1[j++];    res1 += total * hzntl;    return res1; } int main(){    int p = 6, q = 4;    int X1[p-1] = {3, 2, 4, 2, 5};    int Y1[q-1] = {5, 2, 3};    cout << minimumCostOfBreaking(X1, Y1, p-1, q-1);    return 0; } Output 65

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