First There are a diversity of views regarding the Role and Responsibilities of a Board of Directors
But... These share common themes
Group of people legally and morally charged with the responsibility to govern an organization
Not
Cont
Relation with the board members Leadership Program planning and implementation, and Managment of the organization and its personnel
Cont
Cont
4. Acquire sufficient resources for the organizations operations and to finance products and services
Cont
5. Account to the public for the products and services of the organization and expenditures of its funds, including
Provide fiscal accountability, approve budget and formulate policies for the disposition of public and private resources
10 major responsibilities
1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
modified from
Determine the Organizations Mission and Purpose Select the Executive Support the Executive and Review His Performance Ensure Effective Organizational Planning and Assist in Implementing the Plans Goals Ensure Adequate Resources Manage Resources Effectively Determine and Monitor the Organization Programs and Services Enhance the Organizations Public Image Serve as a Court of Appeal Assess Its own Performance
Board Paradox
The board-staff relationship is a paradoxical one. When acting in their governing role, the board must stand above staff and be the "boss." But when acting in their supporting role, board members act to support and assist staff-led work.
Some boards become so excited about their roles as governors that they mistake governance for close supervision of management and begin meddling in minor management affairs. In other cases, as boards govern more, they shirk their supporting role. The challenge is to fulfill both roles, not simply switch from one to the other.
Finally,
While appointment or election to a board is an honor, board members have important legal and fiduciary responsibilities that require a commitment of time, skill, and resources
80:10:10 Rule
We expect
Attend Board meetings regularly Be familiar with the organization's goals, objectives and programs Read preparation materials prior to each Board meeting to assure active, informed participation Exercise general supervision over the organization affairs Know the budget, budget process and financial situation of the organization Inquire if there is something you do not understand or if something comes to your attention that causes you to question a policy or practice Insist on meaningful Board meetings with full disclosure of operating results Require the organization to engage competent legal counsel Require all committees to make reports at the Board meetings,when appropriate Know the directors and officers of the organization Identify and avoid conflicts of interest Monitor the community and professional image of the organization
Gracias