If your board or organization is asked about why it uses Policy Governance, here are five main benefits to share. Results: Policy Governance focuses boards on ensuring that the organization achieves relevant results. Applying Policy Governance principles lets boards connect all the dots from owner input to board policy to policy interpretation to evidence of Continue reading →
Whenever a person or group of people delegate a task or objective to another person or group of people, this is what we expect will happen. Someone in a position of authority (e.g., citizens, members, shareholders, a board of directors, a boss) communicates clear objectives to a delegatee, who, by virtue of the role they accepted, Continue reading →
Is your board fighting a losing game? Just as Lucy and Ethel struggle to keep up with wrapping the chocolates in this classic I Love Lucy scene, boards of directors can also find themselves fighting a losing game when operational activities, plans, budgets and decisions come at them faster than can be properly handled. A Continue reading →
“Good leaders must first become good servants.” – Robert Greenleaf Yes, we know you were elected or appointed to the board of directors because of your expertise, your skills, your background, your hard work, your personality, and/or your commitment to the company or organization. Or maybe you stepped up when nobody else volunteered. Regardless of Continue reading →
Use the Ultimate Troubleshooting Guide For All Boards of Directors to navigate your way out of any issue or challenge that comes before your board. Two main elements are key: (1) having a comprehensive and relevant set of board policies that appropriately reflect the board’s and owners’ values; and (2) monitoring to ensure the policies Continue reading →
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1. CEO and staff are empowered to do their jobs with confidence and creativity. For traditional boards, typically the CEO/staff make plans and decisions which they must present to the board for approval. Direction from the board is often unclear, incomplete, contradictory, or amounts to well-intentioned mircromanaging. Confusion frequently results when staff cannot distinguish between Continue reading →
Monitoring Executive Performance Using Policy Governance® Say, when’s the last time you had *this* conversation? Not recently, or ever? Seems that companies and organizations are always messing up. But it doesn’t have to be that way; let me show you why. In a perfect world we should see inputs and expectations flowing into an Continue reading →
Belief # 1: Boards exist to oversee management. Instead, consider: Boards exist to lead on behalf of owners. Belief #2: We improve governance by solving existing problems. Instead, consider: Governance excellence demands a holistic, systemic approach. Belief # 3: We need more of a certain type of person/identifiable group on boards. Instead, consider: All board Continue reading →
Comment Re: Beyond Optics: Why Board Diversity Really Matters http://huff.to/bdivlpm (by Lucy Marcus, CEO of Marcus Venture Consulting, and published by the Huffington Post on January 5, 2011) When I read this article, I think yes, Lucy makes an excellent case for diversity on boards. Diversity of thought, perspectives, skills and backgrounds in the boardroom Continue reading →
If your board of directors wants to evaluate its own performance, start by setting aside time on the next board meeting agenda for reflection on these five questions: Does everyone around the board table answer this question the same way: on whose behalf are we legally and/or morally accountable? Do we have a regular way Continue reading →