Being on a governance board is like running a restaurant. Let’s say you are the original owner but now you have other investors.  You’ve hired a renowned chef to run the kitchen. If you keep going back there and adding salt to the soup, you will be looking for a new chef before you know it. You know what I mean? On the board, you represent the owners' interests. It’s time to get out of the kitchen and leave the cooking to the pros.

You may have started the business as...

Have you ever returned home or back to the office from a board meeting and asked yourself, “Why did I say that?”

Me too. In fact, it happened a couple of weeks ago and it wasn’t the first time. But the frequency has gone down considerably since I’ve discovered and put to good use the acronym W.A.I.T. (Why Am I Talking?).

As we’ve noted in earlier blog posts, the art of asking questions includes waiting for the right time to contribute. And contribute you will...

Robert’s Rules of Order? I’m not a big fan of Robert’s Rules. Who is this guy Robert anyway? Who made him king?

Okay, you’re right, my tongue is planted firmly in cheek. Boards do need to have a way of conducting their meetings and making group decisions. Robert’s Rules provide that framework.

That said, an overly strict adherence to the parliamentary procedures outlined in Robert’s Rules of Order can really be a buzzkill at board meetings. I’ve seen...

I’m happy to welcome back Alice Sayant as today’s guest blogger. Alice is a certified corporate director (ICD.D) and co-founder of DirectorPrep.com.

Alice’s thoughts on board orientation

Lately, my guilty pleasure is binge-watching old episodes of Friends on Netflix. Something that happened in the first season prompted me to think about board orientation for new directors.

I know, I know. It’s quite a stretch to compare the characters in a 1990’s sitcom to board...

Remember that feeling just before walking into your first board meeting? That combination of excitement and trepidation? You were wondering what you had got yourself into. But you couldn’t wait to make your mark.

But maybe that feeling has changed. Let's say you’ve been sitting on the board for a while. But now, instead of feeling excited and energized, eager to add value and make a difference, maybe you have a sinking feeling before your board meeting. Maybe you are not...

From time to time in this space, I’ll be asking guest bloggers to share their thoughts about various board-related topics. Today’s blog is written by Alice Sayant. Alice is a certified corporate director (ICD.D) and co-founder of DirectorPrep.com.

Alice’s thoughts on board committees

Recently I was asked to join a board of directors. I was already serving on a couple of other boards, where I was quite busy with committee work, and so I agreed to join the new board but...

The question posed above by my finance professor in business school may be one of the most impactful lessons of my university education. Not sure why, except maybe to suggest that his question really hit home.

The question was pretty much a side comment to the discussion that was underway at the time and I’m not sure it resonated with others in my MBA class. But it did resonate for me. I was not even into boards yet, so, it wasn’t about that. Nonetheless it’s a powerful...

You’ve heard the old saying, “If you want to get something done, ask a busy person.” Busy people who get things done – not people who make themselves busy working on their procrastination habits. (Been there!)

Busy, productive people have a way to cut through the clutter and get to the heart of the matter. Don’t be surprised if you happen to notice those same skills in the savvy directors on your board. Not to worry … you are not be that far from being...

“Is this something I want to do?” “Is it time for me to start thinking about serving on boards at this point in my career?” “Am I already over committed and on too many boards?” “Would I agree to serve on this board just to make some money? Oh, it’s a volunteer position – I’ve done my share of those.” Maybe you can relate to this dilemma. I know I can.

What would the savvy director do?

I’m pretty sure a savvy director...

Some of you know this story … my first board meeting fifteen years ago was a disaster – a horrific experience really. I had been asked to represent the regional chapter of my professional association on the national board. Then, while I was flying to Toronto to attend my first meeting, my local group sent a letter to the chair of the national board demanding that the CEO be replaced, without me knowing about it.

How do you think that went over with my new board?

What kind of...