What is the purpose of a board? [Segment Extract]

In this segment  extract Don Springer talks about the purpose of a board.

You have got a board and you are doing a good job, but how do you raise our professionalism as board directors?

• How do we improve board composition?
• How do we focus on strategic vs. operational issues?
• How do we refine our board succession plans? 
• How should we use technology for our boards and our business?
• How do we improve our M&A capability?
• How do we extend our network?
• How do we improve our risk orientation?