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…
This was originally posted on the Wharton Entrepreneurship Blog which you can read here. So, I admit it. I’ve attended a board meeting without feeling fully prepared. And not just once. I’ve done it many times when serving in many different roles: as a board member, as an entrepreneur and executive responsible for managing my own…
Operating a business in today’s society is increasingly complex and full of risks. The complexity of the business world, combined with the current unstable economic climate, places elevated demands on boards of directors in the nonprofit and for-profit worlds. These are just a couple of reasons that boards need to select a board governance model…
Board elections culminate in the selection of new board members and officers, but where does the board election process actually begin? For a nonprofit organization with a traditional board structure, the answer should be easy – in the bylaws. For any nonprofit board, effective bylaws provide the guidelines for candidate eligibility and selection as well…
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…
You have to hand it to Goldilocks. In addition to fearlessly entering ferocious bears’ dens, this young lady knew precisely what she liked. When it came to bowls of porridge (neither too hot, nor cold), easy-chairs (neither too hard, nor soft), and preferences in bedding (neither too high, nor low), Goldilocks was unwavering in what…
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…
©BOARDEFFECT 2024 • ALL RIGHTS RESERVED • PRIVACY POLICY