Blog Entries - tips for effective boards
Tip #22 What's the #1 Cause of Board Member Underperformance
A common problem behind many instances of individual board member underperformance according to the authors of a popular governance book is a problem of purpose. (Richard P. Chait and others. Governance as
Tip #21 How to Engage with Your Organization's Key Stakeholders/Owners
In our last two Tips for Effective Boards, we defined an organization’s key stakeholders or owners as those people on whose behalf the board governs and to whom it is accountable and provided some guidance for
Tip #20 Identify Your Organization's Key Stakeholders/Owners
In our last Tip for Effective Boards, we defined key stakeholders or owners as those people on whose behalf the board governs and to whom it is accountable, those key people who provide legitimacy to a board’s
Tip #19 Identify and Communicate with your Organization's Key Stakeholders
A critical job of a board of directors is to identify and communicate with those key people on whose behalf the board governs and to whom it is accountable. Policy Governance® refers to those key people as
Tip #18 Sharpen Your Board Focus with the Three V's
Does your board spend most of its meeting time and energy on the really important governance issues? Unfortunately, many board members are unable to answer this question in the affirmative. Recently I read
Tip #17 Three Tips for Efficiently Managing Board Meeting Time
Board members’ time is valuable and available board meeting time very limited. Hence, it’s critically important to manage board meeting time as efficiently as possible. For this purpose, I would like
Tip #16 Should the Board Trust the CEO
The simple answer: Trust the CEO? - Yes, ideally when you can, but verify regardless of trust. Yes, of course, trust can be quite valuable. Trust grows as people share the “good” as well
Tip #15 Board Self-Assessment Tool
An important governance practice for boards committed to ongoing board performance improvement is a periodic comprehensive board self-assessment. Governance experts recommend such an assessment about every