The ideal governance of a board is a challenging concept to attain. It is a goal that boards must strive for. They can get there when boards are aware of what good board governance looks like.
To accomplish this boards must be organized properly, well-chosen, and with a view to the future. They must be able to keep in balance the requirements of the organization with the needs of its stakeholders and shareholders. They should also be able to handle new regulatory pressures, when they arise.
The success of a non-profit ultimately depends on the board’s capacity to face these challenges, and ensure that they are set to be sustainable in the future. If that means ensuring the quality of an organization’s programs, or ensuring that it is on track to be accredited, a strong board can help its members fulfill their duties as trustees and contribute to the community.
A key structural element is establishing a proper agenda and schedule for the board. It must be clear enough for directors to know the issues that require their attention and what ones can be assigned to committees or management. It should also state when the board must be informed or consulted on matters https://intelligentwirelessnetworks.com/managing-conflict-between-board-and-executive-director/ that do not require a decision by the full board.
Finally, boards must be able identify their own weaknesses and areas that need improvement. A review every year is helpful as it allows the board to assess its performance with that of peers.