The Board is a key body within a business that can influence governance. The Board is initially elected by owners/shareholders and later appointed by other board members. While the board exists to represent shareholders of the MSME, their key value is to support management and business owners by providing insight, strategic direction and, access to business opportunities.
If you want to set up a board for your business, use the toolkit and template as guides.
Corporate Governance Fundamentals: The Board
A video guide on establishing a board for your business
أسس الحوكمة المؤسسية للشركات المتناهية الصغر والصغيرة والمتوسطة: مجلس الإدارة
فيديو إرشادي باللغة العربية حول تشكيل مجلس إدارة في مؤسستك.
The Board Graphic Guide
This graphic guide explains what a board is, and how it can be set up and mobilised by a business to ensure good governance.
Enhancing Gulf Business Competitiveness
Evaluations of the Gulf Region’s economic sphere reveal that much of the business is carried out by Micro, Small, and Medium Sized Enterprises (MSMEs).
Bearing in mind the importance of MSMEs in job creation, innovation, and business growth, the Pearl Initiative undertook an extensive survey across these companies to understand their approaches to corporate governance and competitiveness. Our survey revealed that MSMEs are keen to expand their horizons, but encounter obstacles with funding, hiring skilled employees, allotting time for ventures, and retaining talent. The survey thus provides a framework that will help MSMEs address these issues through effective corporate governance towards more stable and successful forms of entrepreneurship.
Board Charter Guide
This template includes information on what a board charter is and how it manages the direction, administration, and control of an organisation.
It includes a downloadable tool template on drawing up a board charter and a general instructions on establishing a successful board.