Boards of Directors must increasingly manage their oversight of Human Capital. CEO succession planning is a critical Board responsibility. Yet in today’s climate, Board’s seem powerless in dealing with this responsibility. At Tim Horton’s and Bank of America the CEO’s announced they were leaving and the Board was unable to advise or reassure the public … read more
In the last blog, we talked about a new approach to Board Governance that utilizes three different perspectives. The Fiduciary side addresses financial oversight and stewardship; Strategic address policy making and Generative addresses how we make sense of what it is they do.
The “Governance as Leadership” concept reframes the way Boards work with a goal to raising Board success and awareness to a higher standard. By thinking about Board work under three components: Fiduciary, Strategic and Generative, Boards can address their roles and achieve better results in new ways.
Industry Canada announced that on October 17, 2011 the new Canada Not-for-profit Corporations Act (NFP Act) came into force. Organizations currently in the process of incorporating may have to submit new forms, and organizations incorporated under the previous legislation will have three years to transition to the Not-For-Profit Act. Boards and their members should review current by-laws and see what changes will be needed to be made in the transition period. As it relates to directors, the Act will a more standard objective in carrying out their duties and responsibilities.
Julia Dumanian is an experienced President & Chief Executive Officer, visionary and inspirational organization leader. She has led organizations in Healthcare, Not-for-Profit and For-Profit. Julia is a Governance expert available for Interim Leadership roles as part of the Accomplished Executives team at Boardroom Metrics. Julia’s complete series of blogs on the role of the CEO provides a … read more
Blog by Tim Herron. Tim Herron is President and Chairman of the Board with the Starlight Children’s Foundation. He is a Certified Governance expert available for Executive Interim Leadership roles as part of the Accomplished Executives team at Boardroom Metrics. ~~~***~~~ Charities and governance are becoming much better partners these days. As we see from … read more
Julia Dumanian is an experienced President & Chief Executive Officer, visionary and inspirational organization leader. She is a Governance expert available for Interim Leadership roles as part of the Accomplished Executives team at Boardroom Metrics. Julia’s complete series of blogs on the role of the CEO provides a wealth of insight for CEO’s and Boards of Director … read more
“From a corporate social responsibility standpoint, it is becoming increasingly difficult to associate our brand with sports events which could lead to serious and irresponsible accidents; action must be taken by the NHL before we are encountered with a fatality.” Air Canada in a letter to the NHL. That makes sense. Even if the NHL … read more
I’ve been gone for a while as Boardroom Metrics continues to grow rapidly. We now have 14 Accomplished Executives and Advisors. They are located in Toronto, Waterloo, Guelph and Ottawa. There are several more currently in the selection process including two in Montreal. The mission of Boardroom Metrics is to help others make money. We … read more
This insightful post on the role of the Board of Directors originally appeared in the Boardroom Metrics CEO blog. It remains as relevant today as when it was written. ———————————————————————————————————————————————————– Part I describes the importance of the Board’s governing role. See Part I here. Part II is about the Board’s Chair….. ….managing Board effectiveness is … read more
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