Board of Directors Blog Posts

  • febi mahesa
  • May 14, 2024

A board is responsible for making high-level decisions, not a CEO. The board is responsible for selecting and, if necessary replacing the chief executive officer as well as fulfilling the fiduciary duties of that company’s shareholders and stakeholders.

As a result an effective and engaged board is one that approaches staff as colleagues, not subordinates. Respectable and thoughtful members of the board listen to their employees and treat them in a fair manner even if they don’t agree with the employee’s viewpoint. No matter the size an organization, board members are required to take action on issues that impact the mission of the organization.

A key to effective board governance is having detailed meeting minutes. These minutes aid absent members to know what transpired at a meeting, and also help clarify any metrics or strategies which require monitoring. Boards who take the time to make clear, concise minutes will have a far easier time navigating legal challenges.

This blog post by SSIR will teach you how to draft effective minutes for board meetings. This blog is a valuable resource for anyone who is interested in governance of boards with particular attention paid to not-for profit boards.