As the highest-ranking executive in the company, the CEO has many important responsibilities. The CEO makes most major corporate decisions. In addition, the CEO manages the overall operations and company resources, manages risks, and serves as the primary liaison for…
Some board members attend their first board meeting knowing pretty much what to expect. Even experienced board directors benefit by having the opportunity to attend a well-prepared, well-organized board orientation session. A board orientation is even more important for inexperienced…
Good governance encompasses an array of issues. When corporate and organizational issues are going well, we tend to give credit to good governance practices. On the flip side, we also tend to blame poor governance practices when companies and organizations…
Governance is a framework that accounts for all the processes of governing organizations and businesses. It’s a structure that holds boards and leaders accountable for continuously improving operations, clinical staff and processes, society and financial performance. A healthcare board of…
The boards of private companies have a lot of moving pieces. Strategic plans can be lengthy, with lots of committees working on lots of projects at once. When everyone does what they need to do, the company enjoys the fruits…
The duties and responsibilities of the governance committee are important enough that boards need to assign them to someone. The best and easiest way to do this is by forming a governance committee. Governance committees are sometimes called nominating committees…
Chances are your nonprofit board faces an imminent executive transition. Seriously. Anticipation of a mass exodus among nonprofit executives builds as Baby Boomers reach age 65 at a rate of 10,000 per day. According to a survey by Willis Towers…
People have a natural inclination to want to trust nonprofit organizations. Along those lines, most people generally believe that nonprofits have a strong ethical culture. While the general public acknowledges that nonprofit organizations make important contributions to our society, they…
Hackers strike once again, this time causing a data breach at a prominent New York nonprofit social services agency. The incident sends up a red flag that highlights the cybersecurity issues that nonprofits across the globe should be concerned with.…
Imagine a large meeting in which there are no rules, and no one is sure who is in charge. It would certainly be complete and utter chaos. It would be difficult for everyone who has something to say to participate.…
©BOARDEFFECT 2023 • ALL RIGHTS RESERVED • PRIVACY POLICY