Being a director of a small to medium enterprise (SME) is both a science and an art. While it requires the same fundamental skills as those required for corporate environments, the unique nature of the SME environment requires additional skills and abilities.
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As with corporate governance in larger organisations, foundational knowledge of governance principles, King III and the fiduciary duties of directors is essential. This includes both an academic understanding and a practical knowledge of how to translate governance principles into SME-specific board actions that drive real results.
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