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corporate governance

10 proposals for upping your board’s value-added quotient

We nonprofit types tend not to look in the direction of corporate governance for advice, which is terribly short-sighted on our part. As governance guru Richard Leblanc illustrates in a hot-off-the-printer white paper, despite obvious differences in the raison d’être of the sectors, there’s cross-over wisdom aplenty. Good board work is good board work – regardless the profit motivation.

Leblanc addresses wide-spread concern that company boards are too focused on compliance-related responsibilities and only inadequately addressing value creation and company performance, are thought to be not sufficiently independent from company management, and often lack industry knowledge and relevant experience.

Swap out “organization” for “company” and Leblanc’s summary of corporate governance woes mirrors short-comings I regularly encounter within the nonprofit sector.Read More »10 proposals for upping your board’s value-added quotient