As board members arrive at the board meeting, they may not be aware of how many hours the board secretary has already put in to prepare for the board meeting. The board secretary has five main duties to prepare for a board meeting:
Most boards have staggered terms to prevent the entire board from turning over at the same time. Having staggered terms also prevents groups of board members from becoming too powerful and keeps decision-making democratic. Recruiting board members should be a continual process so that there is always a quality pool of board applicants. Board members…
In decades past, boards could rely solely on management to oversee and manage risk. The 2008 financial crisis, also known as the global financial crisis, was considered to be the worst financial crisis since the Great Depression. Harsh economic times hit boards of directors squarely, as they came face to face with complex legal issues…
The executive director’s primary responsibilities are to direct the organization’s financial health and to drive overall progress and success. The role of the executive director is integral towards fulfilling the mission of the organization. The board of directors sets the standards that outline the responsibilities and expectations of the executive director and the board measures…
Robert’s Rules, also known as parliamentary procedure, outlines the various ways that nominees may be presented to the board. Board members are typically nominated by a nominating committee, but they can also be nominated by ballot, or from the floor. Nominations may also be taken by mail or by petition, though these methods are less…
The definition of protocol is “an official procedure or system of rules that govern affairs of states or diplomatic occasions.” To more narrowly define board meeting protocol, look to the powers of the board of directors. A board meeting should not be considered the board’s agenda or the board’s meeting. Board members are the work…
The executive director role is uniquely different from members of the board, other managers, and employees, yet this role is connected with all of them. In forming a list of interview questions, it helps to think about the duties that an executive director is expected to perform and how that role relates to, and interacts…
Large or small, every board of directors should hold an orientation for new board members because it benefits the organization, including the scope of people it serves. All boards have a unique set of dynamics and expectations. An effective new board member orientation will be carried out by key individuals using a specific structure. Regardless…
As a whole, the board of directors bears a legal responsibility to govern a corporation. Fulfilling that responsibility encompasses many individual roles and responsibilities. Each board member brings different strengths, talents, and abilities to the board. When board members merge…
As a whole, the board is collectively responsible for moving the company towards forward progression by directing the company’s affairs. A Non-Executive Director shares many of the same responsibilities as an Executive Director, but he/she is not an employee of the company and is not a part of the executive management team. Non-executive Directors have…
©BOARDEFFECT 2024 • ALL RIGHTS RESERVED • PRIVACY POLICY