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Wherever you are on your governance journey, you'll find this is a place to build your knowledge, discover the latest thinking, and explore valuable insights about your director role.Â
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If you sit on a board today, youâve seen the flood of âmust-haveâ topics: artificial intelligence, AI ethics, cybersecurity/resilience, ESG disclosures, climate risk, DEI, modern slavery, biodiversity, geopolitical risk, digital transformation, gender and age diversity, talent strategy, supply chain vulnerabilities, shareholder activism â the list grows every month.
Sometimes, the governance buzz is deafening. For directors, itâs easy to feel torn between the urgent and the important.
Consu...
You may think hackers only go after banks, tech giants, and multinational corporations. But the truth is non-profits and charities are prime targets for cybercrime, and the risks are growing.
Even though non-profits and charities hold valuable assets like donor data, beneficiary information, payment details, and possibly health records, they usually donât have a team of cybersecurity specialists guarding the gates.
Savvy directors know that that cybersecurity and cyber resilience arenât just...
Joining a new board of directors is like getting on a bus â one thatâs already full of people and is well on its way to its destination.
The tricky part is that the bus isnât stationary. Even as you hop on, itâs already moving.
Whether itâs your first bus ride or youâre a veteran, youâve got to catch your breath, find your place, and settle in for the journey.
In the same way, whether youâre a first time director or youâve already served on a few boards, itâs normal to start a new board ro...
Whenever I spot the word âgovernanceâ in a headline, I notice it. So, a recent article in our local news feed caught my attention. It described issues on the board of a well-known public institution, then went on to say that the board chair had been contacted for comment.
The chair deferred comment to the organizationâs director of communications. The director of communications in turn refused to comment, saying "The board is an independent governing body so any further comment would rest wit...
The Savvy Director blog usually focuses on the director role as it relates to the board as a whole. But in the past few weeks, Iâve found myself spending far more time on my role as a committee member. And thatâs not unusual.
With committee work on my mind, it seems like a good time to write about board committees.
I like to include quotations in these blog posts, so I did a quick Google search on âQuotes about Committeesâ. It pains me to say it, but apparently few have ever had anything goo...
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, âFrom Compliance to Improvementâ and âFrom Evaluation to Action,â explored the board evaluation process, and the third, âEvaluating the Individual Director,â dealt with director self-assessments and peer evaluations.
When it comes to the board of directors, board meetings are where pretty much everything that matters gets done â idea...
Would you rather have a Nobel laureate who wonât engage, or a curious newcomer who asks the right questions?
This isnât just hypothetical â itâs a real dilemma many boards face. As governance challenges grow more complex and stakeholder expectations rise, the composition of the boardroom has never mattered more. But when evaluating potential directors, one question often lingers: Is it more important to have the right skills â or the right mindset?
In this edition of The Savvy Director, we e...
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If youâve served on a board for a year or more, youâve probably lived through an external audit. Itâs one of those governance fundamentals that you need to have a handle on to fulfill your director responsibilities.
Failing to exercise proper oversight over external audit has caused a lot of grief for boards in the past. You can help make sure your board doesnât become one of them.
In a nutshell, an external audit involves an independent auditor reviewing an organization's financial statem...
In the first Savvy Director post of 2025, weâll take a look at some of the challenges and opportunities our boards may be facing as the year unfolds.
Of course, the impact of external pressures and governance trends varies considerably based on factors like your industry sector, type of organization, and geographic location. That means that some of the items we cover here will apply to your situation, and others wonât â at least not directly.
Still, itâs a good idea for all directors â rega...
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. Itâs more than just a list of dates and times. Itâs 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 effectively....
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