Taking good meeting minutes at a board meeting is an important and fulfilling role. Board meeting minutes are more than a general accounting of board discussions; they serve as an official and legal record of the meeting of the Board of Directors. Minutes are used in a variety of ways including tracking progress, detailing future…
Board culture is a key factor in board effectiveness. Boards of directors that enjoy strong relationships and good board dynamics have a positive effect on the leadership. Leaders who are motivated and encouraged are better able to lead an organization…
Progress in any industry is an exciting thing. By virtue of our human nature, many of us are creatures of habit. That’s why we often see resistance to change even when it’s looming and necessary. The advancement of technology is…
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…
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…
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