College and university board directors would be remiss if they failed to consider the vast evolution that’s taking place in higher education governance. The changes stem directly from regulatory and governance changes in the corporate world. Best practices are being…
Hospital boards that choose to conduct board self-evaluations have much to learn about how well the board functions as a unit. Some hospitals are required to conduct annual board self-evaluations, as well as self-evaluations for major committees. For hospital boards…
For the most part, government boards operate in much the same way as other types of boards. Best practices for good governance apply to all boards of directors, including municipal boards. Directors of government boards often recognize their responsibility to…
Higher educational institutions are largely steeped in history and tradition. Those are important matters for students who are entering the stage of life when they’re preparing for their lifelong careers. Colleges and universities are grappling with how to hang onto…
Boards have a huge challenge before them as the fast pace of technology affects the way that hospitals and healthcare facilities provide care. Board directors need to understand the changes that have occurred in healthcare in recent years, as well…
Every day, technology affords businesses and individuals ways of doing things that are faster, better and easier. Board directors are also aware of how much their credit union’s members and employees are positively impacted by technology. Credit union boards are…
Whether they use one software application or are totally paperless, nearly every credit union uses technology on some level. Technology is continually evolving, as software providers are learning about the ways that software can enhance credit union operations. For the…
Board meeting minutes are standard protocol for board director meetings and they serve a variety of purposes. Most often, meeting minutes serve internal purposes, such as recordkeeping and institutional memory, for the board and the rest of the organization. Less…
Taking meeting minutes is a routine process, but it’s important not to underestimate the importance that meeting minutes play in corporate board work. Under certain circumstances, meeting minutes may play a crucial role in government investigations, civil litigation about decisions…
The Nonprofit Revitalization Act is a New York State law that was passed in 2013. It was the first attempt at revising the New York State Not-for-Profit Corporation Law (NPCL), which had been untouched for over 40 years. The Act…
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