Board of Directors Blog Posts

In contrast to a CEO who is responsible for the day-today activities of an organization, a board of directors focuses on the bigger picture and is responsible for making high-level decisions. The board is responsible for selecting and, if necessary replacing a company’s chief executive officer https://hitachivantaraforums.com/ and fulfilling the fiduciary duties of a company to its shareholders and stakeholders.

A board that is effective and engaged will treat staff as equals, not subordinates. The members who are respectful and thoughtful of the board listen to their employees and treat them in a fair manner, even if they disagree with the employee’s viewpoint. No matter the size an company, board members are required to take action on issues that affect the organization’s mission.

A key to effective board governance is having detailed meeting minutes. The minutes allow members who are not present to get a better understanding of what transpired at the meeting, and also help clarify any strategies or metrics that need to be monitored. Boards who are able to make clear, concise minutes are better equipped to tackle legal issues.

This blog post by SSIR will show you how to create effective minutes for board meetings. This blog is a great resource for anyone who is interested in board governance with particular attention to not-for profit boards.