What is Duty of Care?

Duty of care requires the board of directors to review all material information related to a particular focus or topic before making a business decision. A director must assess all the material available to them and ask additional questions to create an informed and knowledgeable view of the focus or topic. In this scenario, the board of directors must protect the unique interests of the business, organization, and entity.

OnBoard Drives Improved Board Effectiveness

OnBoard offers a powerful board management and intelligence solution to facilitate improved board effectiveness. Our system offers a broad range of modern, next-generation features, including an agenda builder, minutes builder, task management, advanced search, skills tracking, and more.

Further Reading

• What are Board of Director Responsibilities? 
• What are the Nonprofit Board of Directors' Fiduciary Duties?
• What are Board Member Roles and Responsibilities?