A supervisory board is a governing body responsible for overseeing the management of an organization or company. Its primary role is to ensure that the company’s operations align with its goals, values, and the interests of shareholders or stakeholders. While the executive team handles the day-to-day management, the supervisory board provides strategic guidance, checks and balances, and evaluates the performance of executives. A strong supervisory board fosters transparency and accountability, holding leadership accountable for their decisions and actions. The board typically consists of individuals with diverse expertise, providing valuable insights into various aspects of the organization, such as finance, legal matters, and operations. In some cases, a supervisory board is also tasked with approving major decisions, such as mergers or acquisitions, ensuring they align with the company’s long-term objectives. Effective supervisory boards can greatly influence an organization’s success, contributing to sound decision-making and ethical governance. The relationship between the board and the management team is one of collaboration and mutual respect, aimed at achieving sustainable growth. While the supervisory board’s role is largely advisory, its influence is significant in shaping the company’s direction. Therefore, a well-structured and effective supervisory board plays a crucial role in fostering good corporate governance.
Sample Sentences
- The supervisory board met to review the company’s quarterly performance.
- A supervisory board plays an essential role in maintaining corporate accountability.
- The supervisory board approved the new strategic plan proposed by the executives.
- The company’s supervisory board includes experts from various industries.
- The supervisory board oversees the executive team’s management decisions.
- Corporate governance is strengthened by a strong and independent supervisory board.
- The supervisory board was responsible for approving the merger agreement.
- The supervisory board ensures that the company adheres to ethical business practices.
- During the meeting, the supervisory board raised concerns about the budget.
- The supervisory board provides oversight but does not engage in daily operations.
Synonyms for “Supervisory Board”
- Board of Directors
- Advisory Board
- Governing Board
- Executive Board
- Oversight Committee
- Management Board
- Oversight Panel
- Council
- Steering Committee
- Corporate Board
Antonyms for “Supervisory Board”
- Executive Team
- Management
- Operational Staff
- Employees
- Staff Members
- Workers
- Subordinates
- Non-executive Committee
- Board of Employees
- Internal Team
Related Words and Expressions
Related Words:
- Governance
- Oversight
- Accountability
- Management
- Strategy
- Regulation
- Leadership
Phrasal Verbs:
- Sign off on (to approve a decision or plan)
- Take charge of (to assume responsibility for overseeing an organization)
- Give the green light (to approve a proposal or action)
- Look over (to review or inspect a plan or proposal)
- Step down from (to resign from a supervisory position or board)
Idiomatic Expressions:
- Call the shots (to make the important decisions, often from a supervisory position)
- At the helm (to be in charge of the supervisory or executive duties)
- In the driver’s seat (to be in control of the situation or organization)
- Hold the reins (to have control or management over the organization’s operations)
- Keep the ball rolling (to ensure continuous progress and decision-making)
