In the construction world, there’s a standard saying: “Measure twice, cut once.” That’s because once something has been cut, if it’s too short, there’s no way to fix it. In the office world, the standard for emails should be: “Read…
The duties and responsibilities of board directors are more complex and difficult than ever before. Serving on a board of directors requires complex oversight, transparency and accountability. Technology has become a friend to boards of directors because it solves many…
Everyone has a different sphere of influence and circle of friends. The wider your circle, the greater chance you have of being part of an actual or perceived conflict of interest. There are two ways that boards should be concerned…
Imagine that the employees at your post-secondary school arrived at work in the morning to find that their usual log-in screens had been replaced by a threatening message telling them that they were locked out of their devices until the…
In a nutshell, boards should conduct board self-assessments because it’s considered a best practice. Whether it’s a public board, private board or nonprofit board, all board members are accountable to those they serve and it’s important for them to do…
Most people pursue funding for startups by looking for resources that are closest to them. Typically, this means asking family and friends for small investments. Those who still need additional funds may turn next to angel investors, high-net-worth individuals who…
Large-cap companies are feeling immense pressure to adhere to good governance principles and engage more with shareholders. Small and midsized businesses face many of the same pressures. Somehow they need to deal with those pressures with full knowledge that they…
Steve Jobs said, “If you really look closely, most overnight successes took a long time.” Starting a business is an exciting venture! It takes a lot of time, dedication and perseverance. The emotional and financial payoffs can be memorable. Every…
Using free Sharepoint for board director activities is a little like trying to flip a pancake using a spoon. You may eventually get it to work, but it doesn’t work that well, and it might make a bit of a…
HIPAA is a federal law that college and university boards should be familiar with because it falls under board oversight. Not all educational institutions fall under HIPAA laws. In most cases, college boards fall under the law. In those cases,…
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