by Jannice Moore | Articles, Clarity, Solution |
There are three key components to the board’s job. In order to be accountable for the organization’s performance to those on whose behalf it governs – the shareholders or “owners,” a board must: Maintain an ongoing connection with the shareholders or owners in order...
by Jannice Moore | Articles, Clarity |
A person who is in a position of trust with another is called a fiduciary. Board members are fiduciaries because they have been entrusted with an organization’s mission and resources. Fiduciaries are held to certain legal standards set out as fiduciary duties. They...