9 Essential Director Interview Questions: Secrets to Successful Hiring (Part 1)
by February 4, 2019 and last updated on March 11, 2019 on
The future success and direction of an organization highly depends on its leader – the CEO or executive director. So when an executive director suddenly steps down, it is the board members’ responsibility
to immediately take action and find the next potential executive director for the organization.
Selecting a CEO is one of the most crucial decisions that a board undertakes. This kind of process influences the relationship and dynamics between the employees, investors, and other stakeholders of the company. Choosing a successor often places a strain on the entire management, especially when the candidate comes from outside the company.
Back to the Basics: An Overview of Board Member Responsibilities
by December 11, 2018 and last updated on February 4, 2019 on
At first glance, it would seem that the boards and their board member responsibilities are irrelevant or only have a small impact to the operations of the company. But in reality, a board’s performance can make or break an organization. A recent study by McKinsey reports that boards who can execute core operations and maintain good board relations, deliver stronger financial returns for the company. The extent of the effect of board members, also involves some of the common problems that companies have been facing for years. For instance, tension between the CEO and the management, or between the CEO and the board itself, can be due to the fact that the board was not that thorough in the recruitment and evaluation of the candidates for the CEO.
Seeing as how much a board affects the entirety of a company’s strategy, direction, and operations, shows that improving the way boards work can ultimately provide value for the company. Evaluate your board’s performance by checking how well they execute these six basic board member responsibilities.
Transforming the Way You do Meeting Minutes
by October 31, 2018 and last updated on January 28, 2019 on
Principle 1: Learn from the ancient Egyptians
Taking meeting minutes is an essential activity in all board meetings. But have you ever wondered why it is such a necessary task?
The reason finds its roots deeply in our biology and our psychology. To illustrate, let’s look at our history.
Board Communication Software: The Key to Success
by October 15, 2018 and last updated on March 5, 2019 on
One of the most crucial contributors to any board’s success is board communication software. The aptitude to properly convey a message and have the receiving party understand will decrease the likelihood of failure as well as increase efficiency and productivity in any work process.
Security Address: 3 Tips for Facing Cybersecurity Threats
by October 3, 2018 and last updated on February 4, 2019 on
Rapid developments in technology have greatly increased the risk of cybersecurity issues from all around the world. Companies, whether big, medium, or small, have been targeted by hackers primarily through malware attacks and phishing scams. As a result, business leaders are starting to realize the need to strengthen their organization’s cybersecurity measures. In this article, we’ll list three measures you can use to ensure the security within your organization.
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