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Talk

Developing a Healthy Board of Directors

Date recorded: 27 May 2014 | Speaker: Luder Whitlock | Event: ELF Workshop
Resources: 

Description

In order to develop a healthy board of directors, you need to know what that means. It begins with a group that knows the organisation and is committed to its mission and vision. Areas in which board expertise is valuable---such as finances, investments, legal, and education---should have representation to the degree possible. The president must build trust and strong working relationships with all board members. Board members should engage in social gatherings that contribute to bonding and strong working relationships. A regular flow of pertinent information keeps board members more highly informed and engaged. Identifying, cultivating, recruiting and training new board members requires discipline and a vigorous regimen but is necessary to maintain a healthy board.