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Sometimes, board portals will use two-factor authentication for user logins, role-based access control to information, and full encryption of stored information and communications between members. Online accessibility: Board members can review documents or communicate with other members at any time, even when they are on the road.
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In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation , non-executive directors are elected by the shareholders , and the board has ultimate responsibility for the management of the corporation.
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Advisory board members should provide the company with knowledge, understanding and strategic thinking of the industry or management of the company. [5] Companies should seek advisory board members whose qualities complement the existing board of directors and not mask gaps in knowledge or skill in the main board.
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