The Launceston Basketball Association is provided leadership and direction from an independent Board of Directors who are either elected by the Club delegates at the AGM of the Launceston Basketball Association or appointed by the Board after a Skills Matrix is completed to determine required specialised areas.

The LBA Board sets the strategic direction of the organisation with the General Manager and operational staff carrying out the operational requirements of this direction.

The Launceston Basketball Association Board is made up of 5 elected Directors and up to 2 Appointed Directors.

LBA's Directors are expected to:

• Meet fiduciary responsibilities as required under all relevant commonwealth and state legislation and under common law

• Comply with LBA's constitution, rules, regulations and policies

• Act within their duty of care to make decisions in the best interests of the LBA

• Avoid conflict of interest

• Develop strategic planning and direction of the LBA including approving the business plan and budget, monitoring organisational performance and evaluating strategic results, and approving expenditure outside the approved budget and delegations.

• Develop and implement policies

• Interact with key stakeholders and members to inform them of achievements and to ensure that they have input into determination of strategic goals and direction

• Report back to the stakeholders at relevant forums through the Preisdent and the General Manager

• Monitor the General Manager and organisational compliance with the relevant commonwealth and state legislation and with LBA's own policies

• Maintain the confidentiality of information they receive by virtue of being a Director of the LBA

• Evaluate their collective effectiveness as a Board

• Not improperly use his/her position or misuse information of the LBA

• Commit the time necessary to discharge effectively his/her role as a Director

• Understand the complexities of the sectors in which the LBA operates together with those sectors' structure, operations, controls, regulatory obligations, current technology, types of transactions and political/economic environment in order to adequately assess the risks faced by the LBA