Company directors are currently working harder than ever before as they attempt to steer their companies through the chaos caused by the global financial crisis. Many organisations that have suffered (or even precipitated) the crisis displayed most of the externally visible attributes of good governance. Good governance structures and reporting are associated with good corporate [...]
Herman has been invited to join the board of a not-for-profit organisation that provides specialist education and training for the non-profit sector. The invitation was extended to him by the CEO who is also the founder and the principal deliverer of services. Due diligence shows that the company is profitable (making a small but comfortable [...]
(Guest post from Andrew Clearfield, Corporate Governance Consultant ) One of the things with the market for governance experts is that almost no one is willing to pay for real, forward-looking expertise, but especially over here in the U.S., the market is almost entirely dominated by a compliance mentality, which means, not ‘How do I [...]
Especially in projects for change in small- to medium-sized corporations, the Board can be the leverage point – the point in the project that can make the biggest difference – for success in significant projects for change. In these situations, if an organization seems reluctant to involve the Board, then change agents should seriously consider [...]
The difference between chief executive and Managing Director is one of the subtleties that can confuse board members. Boards have the right to delegate the tasks of running the organisation to any person they rationally believe is capable of performing them. When the board delegates those tasks to one of the directors, that person becomes known as [...]
Some considerations to assist in developing an effective board composition.
Probably the most important procedure that the board will undertake is the board meeting. At this meeting members of the board obtain and exchange information from each other and from the executive team, establish the objectives of the organisations, take decisions on courses of action and investments, delegate authority to the management team, and jointly [...]
Here are some thoughts I put together on the issue of board gender balance. I would love to have your feedback on these.
(See Part 1 of 2) Relationship Model Steven Block proposes a model that, instead of having a rigid, top-down structure of roles and hierarchy of the traditional policy model, provides for Board and staff members to work together with great priority on generating relationships and value from those relationships. The Executive Director and staff play [...]
I wish I had a dollar for every article on the latest buzz-word that every board should worry about. Or fifty cents for every list of twenty questions board members should ask about the craze. I would hate to be on a board that was so easily sidetracked from their real concern; running the company so that it achieves what it was set up to achieve.
Carter McNamara of Authenticity Consulting, LLC, provides organization development and consultant training services, and is
developer of the Free Management Library.
[Read more ...]
Julie Garland-McLellan uses her experience and depth of knowledge in corporate governance to show boards with limited resources how to be more
effective through practical governance innovation and know-how.
Provided by
