By Staff Reports
(DGIwire) – Satisfying many different stakeholders is a major component of running a company—and the board of directors is one of those key stakeholders. Leveraging the board’s diverse experience not only can guide implementation of a CEO’s long-term growth strategies but can also enhance the leadership skills of the CEO and his or her executive team. Nick Clark, CEO of Alexium International, a specialty chemicals manufacturer, recently writing in Chief Executive magazine, identified five ways to create positive experiences with the board so that executives in the C-suite can effectively execute their goals:
Clark’s insights have been fueled by his experiences at Alexium, which develops next-generation chemicals that balance fire protection with ecological safety. Its processes and products are intentionally designed to meet exacting requirements for safety and environmental sustainability. While its products feature an environmentally friendly mix of chemicals, they remain lightweight and durable. For example, one of its products, Alexiflam NF, is a reactive, halogen-free, phosphorus-based product that can stand up to 50+ washes and is specifically designed for cotton and cotton blends often found in products such as workwear, apparel and upholstery.
Alexium also developed a chemical solution designed for its military division called Alexiflam FR, a durable and ecofriendly chemical formulation that works well with nylon/cotton blends, which are typical for products like military uniforms. In addition to uniforms, Alexium’s chemistries have been developed to protect military tents, backpacks, tactical gear and accessories.
“Overall, boards should be regularly evaluated to ensure they are optimally positioned to bring the company’s future forward for the long term,” Clark adds.