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Annual Report 2010-2011
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20 Questions Directors Should Ask about Strategy

May 2006
By Dr. Chris Bart, CA

Deficiencies in corporate governance in recent years have mandated changes in the role of the board of directors, requiring it to be "constructively involved" in the development and approval of the organization's strategy. This involvement includes assuring that management has properly developed its strategic plan. As a director, you will need to ask management tough, probing questions to provide such assurance. But what questions should you ask?

20 Questions Directors Should Ask about Strategy will tell you, and guide you through the process. Beginning with a section on helping directors develop a common understanding of strategy within their own organization, it provides a structured framework through which they can fulfill their new responsibilities in terms of developing, assessing, approving, monitoring and changing that strategy as circumstances dictate.

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