Great boards deliver on their core mission of providing strong oversight and strategic support for management’s efforts to create long-term value for the organization. To do so, the members of the board, the directors that are recruited, must be independent thinkers who can collaborate with their peers and provide a value-add with relevant experience and […]
Is it Time for an Advisory Board?
No business is too small to benefit from a strong group of advisors, but when, how and why should a company consider building a formal Advisory Board? An Advisory Board can be thought of as a management think thank– both a sounding board and a source of ideas and honest feedback. The Advisory Board should […]
Non-Profit Boards: Growing Pains & Board Composition
“Non-profit” evokes “doing good” and “not for profit,” but it shouldn’t imply “not doing well.” Doing well by doing good is possible and important. Acknowledging the value of “doing well in doing good” elevates your standards and expectations regarding how to best structure your organization, how to attract the right talent and how to plan for […]
Critical Guidelines for A Strategic Approach to Board Composition (Part 2 of 2)
Just like a football team lays out its strategy for a game, you need to have a total picture of who needs to be around the board table. In my previous post, “Critical Guidelines for A Strategic Approach to Board Composition (Part 1 of 2),” I addressed the reasons behind this and some considerations to […]
Serving on a Board? Here’s How to Be Great!
It’s a privilege to serve on a board. Serving on a board gives you the opportunity to really make a difference as the decisions you make can have such an effect on not just the organization but on individuals, families – even entire communities. You are a key contributor for the overall direction and strategy, which, in turn, […]