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One of the first things to happen at every board meeting is the approval of the minutes of the previous meeting. Until that happens, the minutes are still considered a draft.
It’s an important step, even though it might just take a few seconds. That’s because minutes are the official record of what happened at the previous board meeting – who was there, what decisions were made, and what actions were planned.
What exactly should you be looking for in the minutes before you...
Over the course of a year, a board of directors must review key information, approve important documents, hold vital discussions, and make critical decisions. How do they stay on track?
The annual board calendar is a valuable tool to ensure that all these events happen at the right time. It’s more than just a list of dates and times. It’s a document that needs to be well thought out and carefully considered.
Think of the board calendar as a planning tool to help the board govern...
Our too-short summer is drawing to a close, and, with that, DirectorPrep’s hiatus from weekly blog production has ended. Fortunately, the news cycle has brought us the gift of content.
Hockey Canada is the governing body of Canada’s most beloved sport - a non-profit organization with a board of volunteer directors. But don’t kid yourself – this is big business. And now it’s in hot water and its board is under public scrutiny. That makes it fodder for our third...
This is the last in a series of four Savvy Director articles dealing with various aspects of board and director evaluation. The first two articles in the series, “From Compliance to Improvement” and “From Evaluation to Action,” explored the board evaluation process, and the third, “Evaluating the Individual Director,” dealt with director self-assessments and peer evaluations.
When it comes to the board of directors, board meetings are where pretty much...
This is the third in a series of four Savvy Director articles dealing with various aspects of board and director evaluation. The first two articles in the series, “From Compliance to Improvement” and “From Evaluation to Action,” explored the board evaluation process. The fourth will deal with meeting evaluations.
We’ve spent the last two Savvy Director articles delving into the process of evaluating the board of directors – looking at areas such as...
This is the second of a series of four Savvy Director articles dealing with various aspects of board and director evaluation. The first article in the series, “From Compliance to Improvement,” explored various approaches to the board evaluation process. The third and fourth in the series will deal with individual director evaluations and meeting evaluations.
“The truth is that every director wants to serve on a great board. Every Board Chair wants to lead a great board....
This is the first of a series of four Savvy Director articles dealing with various aspects of board and director evaluation. Our next article, “From Evaluation to Action,” will explore key success factors, followed by articles on the topics of individual director evaluations and meeting evaluations.
“How do you take a board that’s good – and make it truly great? How do you take a board that’s great and retain its vibrancy over the years? The answer,...
One of my favorite things about my role at DirectorPrep is that, when I come across a new idea or an interesting concept in the world of board governance, I get to share it with our Savvy Director readers.
That’s how today’s blog came about. While researching an entirely different topic, I came across a series of articles from the Institute of Directors of New Zealand (IoD NZ) about applying the principles and practices of design thinking in the boardroom.
I found the concepts...
Directors - both new and experienced – often struggle with differentiating their role from that of management. As a board member – whatever the nature of the organization you serve – you want to get a handle on your governance role.
“I would like to find out more about / receive a refresher on the division of governance and operations – what falls under governance, operations, or possibly joint responsibility.” – A Savvy Director reader
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“Sharpen the Saw means preserving and enhancing the greatest asset you have – you.” – Stephen R. Covey
It’s been 30 years since Dr. Stephen R. Covey published his bestselling book The 7 Habits of Highly Effective People, but it’s still going strong. And one of the most enduring of Dr. Covey’s seven habits is to ‘Sharpen the Saw.’ It’s about taking the time for self-renewal - constantly improving to become our best selves.
For the...
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