What Is the Role of the Nomination Committee?
In light of increasing corporate responsibilities, corporations and nonprofits are starting to see that they need to revisit many of the traditional responsibilities they’ve had in the past. With so…
In light of increasing corporate responsibilities, corporations and nonprofits are starting to see that they need to revisit many of the traditional responsibilities they’ve had in the past. With so…
It’s often said that students are our future leaders. The origin of that statement dates back to the original purpose of establishing colleges and universities. During the days of the…
Ongoing financial pressures and legislative uncertainty are contributing issues to the top governance challenges for hospital boards of directors. As a result, boards are needing to focus more of their…
One of the first duties of nonprofit board directors is to quickly get indoctrinated in the matters of governance, risk and compliance (GRC). GRC implies that boards should have strategies…
The board serves as the steward of the organization’s mission, with trustees serving as the stakeholders’ representatives. Ultimately, this broad set of responsibilities can lead to challenges. A commitment to…
The Cadbury Report, which most succinctly described corporate governance as “the system by which businesses are directed and controlled,” was released in the United Kingdom in 1991. Good governance is…
If there is an area where board directors are feeling lost, it’s IT governance. Most boards recognize that they would benefit from a board briefing on IT governance because they…
Not all boards have term limits, but all boards should have term limit policies. Term limits are considered best practices for all types of corporations and organizations. Colleges and universities…
Every industry carries unique types of risks. Due to student populations and school-related activities, institutions of higher education face many different types of risks than in other industries. An enterprise…
Nonprofit boards benefit from multiple perspectives in decision-making. Without order, too many ideas can lead to chaos and confusion. Procedures that create order allow all board directors to participate in…