The board’s role in strategic planning

One of the board’s most important functions is to oversee and approve management’s future direction of the corporation. The board’s role in the strategic planning process will vary depending on how a CEO chooses to incorporate them in the process.

In this episode, Alisa Norris, Board Member, Standard Motor Products & Vitamix, overviews the role of a Strategic Planning Committee.

• What’s the role of the board in strategic planning?
• What is the charge of the Strategic Planning Committee?