Board of Directors Blog Posts
A board is responsible for high-level decisions, unlike an executive. The board nominates and, if needed, replaces the CEO of the company and is accountable for the company’s fiduciary obligations to its shareholders and other stakeholders.
As a result a highly-performing and engaged board will treat staff as teammates not subordinates. The members who are respectful and thoughtful of the board listen to their staff and treat them equally even if they do not Aprio Board Portal agree with an employee’s opinion. Board members are expected to take action on issues that impact the mission of an organization regardless of its size.
The precise minutes of meetings are vital to effective board governance. The minutes can help those who aren’t in attendance understand the events that took place during the meeting, and can help clarify any metrics or strategies that may need to be monitored. Boards that are able to make concise and clear minutes are better able to navigate legal challenges.
To learn more about the process of creating efficient minutes of board meetings take a look at this blog post by SSIR. The blog is an excellent resource for anyone interested governance of boards with a emphasis on boards for non-profit organizations.