Board of Directors Blog Posts
The board is accountable for making high-level decisions, not an executive. The board chooses and, if needed, replaces a company’s CEO and is responsible for the company’s fiduciary duty to its shareholders and other stakeholders.
Therefore an efficient and productive board will treat staff as a team, not as subordinates. The most respectful and thoughtful board members also listen to staff and treat them with the same dignity, even if the board member is not in agreement with the employee’s viewpoint. Board members are expected to take action on issues that impact the mission of the organization regardless of its size.
The minutes of meetings that are detailed are crucial to effective board governance. They can help members who aren’t present understand the events that took place during the meeting, and can provide clarity on any metrics or strategies that might need to be tracked. Boards that take the time to create concise, clear minutes are better able to navigate legal challenges.
This blog post by SSIR will show you how to write effective minutes for board meetings. This blog is a valuable source for anyone interested in governance of boards with a particular focus on not-for profit boards.
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