Three Ways to Position Your Board for Success

Boards of directors want to be all they can be; no one signs on to a board — corporate or nonprofit — just to be a name on a webpage. And yet, there is a disconcerting amount of research suggesting that many boards are largely ineffective. The causes underlying poor performance range from poorly defined roles to ill-prepared directors. While addressing the symptoms can improve board efficacy, foundational tactics that better integrate the board with the organization's mission and values offer a more holistic framework for improving performance.

Refreshing Your Board: How to Make Sure Your Corporate Board Reflects Your Values

Of the ten governance sections that CBE surveys, “Mission and Values” leads our slate. Mission and values act as rudder and keel, guiding the course and holding the ship to course whether in calm waters or battling stormy seas. The tone at the top matters, so if leadership, including the board of directors, does not internalize those key pillars of organizational culture and governance, other areas of performance and leadership suffer. 

Why It's Important to Set Long-Term Goals for your Corporate Board

A common sense deliverable, goal setting, is a necessary task that organizations conduct on a yearly basis, often with little enthusiasm and not much focus. Such a cavalier approach overlooks the value to publicly-traded corporate boards of investing time and attention to this foundational activity. Few exercises are more important to the viability of an organization than long-term goal setting.

12 Must-Read Articles on Corporate Governance

At CBE, we promote Level 5 governance from a performance and evaluative perspective. A Level 5 board is one that seeks continuous improvement. The goal of great governance is to ethically promote a winning business strategy. We earnestly believe that thoughtful collaboration, not self-promotion, leads to better global governance. 

Business entities and not-for-profit organizations have different points of focus and organizational structures, both benefit and depend on well-designed governance standards.

Here's your list of required reading from corporate governance thought leaders: