Governance

Who does your board protect?

Roles of boards and staff | Aligned Influence
I was training a new set of board members for a client recently and the question that I always hope will get asked came up. One of the trainees said, “I think we really need to stand up for our executive director and take some of the heat off of them.”  These are words that will warm the heart of any executive director. Why I like this particular question is that it reveals the confusion that boar...
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What Is The Difference Between Managing Finances And Governing Finances?

Very bright accounting and finance professionals often find themselves scratching their head after their first experience serving on a board of directors.  At almost every board of directors meeting financial reports, Income/Expense and Balance Sheets are presented. Without any further training, the accounting or finance professional begins to use the reports as they would on a daily basis to mana...
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Mutual Discipline for Both Board and Executive

If you have been a member of a board of directors in the last 40 years, you have most likely been exposed to the question, “Are you a governance Board?”  This question is really asking whether or not your board has moved beyond trying to operate the organization to better understanding its role to oversee or govern the organization.  It is really seeking to determine if you and your board have ...
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Why invest in governance development?

The very question itself implies that some are questioning the return on investment of investing in your board of directors and governance.  It might also imply that the board of directors only exists because the law requires it.  What if the board of directors was seen as an important element of the entire organization; that they do play a legal compliance role, but that they also could be an imp...
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Is governance a legal issue or an organizational development issue?

Is governance a legal issue or an organizational development issue? Your answer to this question probably depends on your position in the organization.If you are the lead counsel for an organization, you probably see it as a legal issue. If you are the executive director or the chairperson of a board of directors, you might be more likely to see it as an organizational development issue. The ...
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