TPS is governed by a Board of Directors which is responsible for the overall determination of the company’s business plan and organisational policy. The Board also monitors the performance of the Chief Executive.
The Board meets five times a year and consists of up to 15 members. Each Director may serve for two periods of four years and then must resign. A succession plan is in place for Directors, Chair and Vice Chair.
The Directors are unpaid volunteers and include professional working and retired people appointed following public advertisements which specify the skills and knowledge needs of TPS.
Our aim is to have a mix of skills, experience, knowledge, gender and geographical locations on the Board to ensure we have a diverse and effective Board.
The graphs below demonstrate the balance of the Board in background and geography. The aim for the next Board recruitment is to ensure that we have a balanced mix of people.
Roles and Responsibilities
The duties of a Director are to:
- Ensure that TPS complies with its memorandum and articles of association, charity law, company law and any other relevant legislation or regulations
- Make certain it pursues its charitable object as defined in its memorandum of association
- Ensure that the company applies its resources exclusively in pursuance of its objects
- Contribute actively to the Board of Directors role in giving strategic direction, setting overall policy, defining goals and evaluating performance
- Safeguard the company’s good name and values
- Ensure effective and efficient administration of the company
- Ensure its financial stability
- Protect and manage TPS‘s property and ensure the proper investment of its funds
- Appoint the Chief Executive and monitor her or his performance
- Use any specific knowledge or experience they have to help the Board of Directors reach sound decisions. This will involve scrutinising board papers, leading discussions, focusing on key issues and providing advice and guidance requested by the Board on new initiatives, or other issues relevant to the area of the company’s work in which the director has special expertise
Collectively, the role of the Board should be to:
- Ensure the continuing relevance of the mission
- Determine strategy
- Provide strategic leadership
- Ensure financial viability