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Board of Directors

"Business Judgment Rule" Protections Come With Requirements

Brad Reid | Posted 09.01.2015 | Business
Brad Reid

While there is a presumption that directors and officers act with due care on an informed basis in a good faith belief that their actions are in the best interest of the corporation, the presumption is not absolute.

Why Pope Francis Should Join My Board of Directors

Paul Caccamo | Posted 06.30.2015 | Sports
Paul Caccamo

Youth sports are in desperate need of reform. Less and less kids are playing sports in America and kids from disadvantaged economic backgrounds are...

A Message to Corporate Leaders Post Charleston

Melissa J. Nixon | Posted 06.23.2015 | Business
Melissa J. Nixon

I can only imagine what it was like in many corporate offices post the tragedy of Charleston on the Thursday that followed such a devastating event. I can remember many times when I was in a corporate environment not wanting to go into work because of national events that happened revolving around race.

The Only 3 True Interview Questions for Potential Board Directors

George Bradt | Posted 06.10.2015 | Business
George Bradt

In general, the only three true job interview questions are all about strengths, motivation and fit. The questions always apply, but the focus and answers need to be different for potential members of boards of directors.

For Good Grantmaking, It All Comes Back to Good Governance

Kathleen P. Enright | Posted 05.13.2015 | Business
Kathleen P. Enright

Before I came to Grantmakers for Effective Organizations, I spent more than five years at BoardSource, a national organization focused on improving nonprofit governance. I have to admit, at the time I fancied myself a bit of a governance expert. I was wrong.

How Boards and Management Best Create Value Together

George Bradt | Posted 05.12.2015 | Business
George Bradt

At their core, Boards of Directors make strategic decisions and provide oversight, while Management makes recommendations and manages implementation. The best do these together, complementing and supporting the other's roles and strengths. So easy to say.

At Last: A Quota for German Supervisory Boards

Ellevate | Posted 05.07.2015 | Women

A 30% women's quota has come to German supervisory boards. I know there are many males who share the joy and hope to change the transparency in German administrative boards.

McDonald's Serves up Reputation With Fries

Chris Komisarjevsky | Posted 04.06.2015 | Business
Chris Komisarjevsky

Clearly, Easterbrook had heard the wake-up call, taking serious note of the recent troubles, the escalating push for salary increases and the increasing competition from other burger quick-serve restaurants.

Nonprofit and Business Directors Must Be Vigilant -- Board Liability Costs Could Be $2.2 Million!

Eugene Fram | Posted 06.05.2015 | Business
Eugene Fram

Based on the outcome of the Lemington Homes case precedent cited above, not being rigorous about their due care evaluation responsibilities can be very costly to nonprofit and possibly for-profit directors.

Invite Your Customer Into the Boardroom

Hans Hickler | Posted 05.17.2015 | Business
Hans Hickler

Adding customer discussions to the Board agenda is an important part of a broader customer engagement strategy with the board, including the regular review of customer survey results, engagement metrics, segmentation reviews.

Gender Quotas in the Boardroom Keep Marching On

Susan Bloch | Posted 05.12.2015 | Business
Susan Bloch

Stakeholders -- investors, customers and the workforce are demanding change. The U.S. can't be seen to lag behind Europe. We need to rectify an imbalance rooted in dated stereotypes and male-dominated cultures. If quotas are not the solution, we need to revise recruitment strategies and processes, to ensure we find qualified women.

Career Lessons I Learned From Kai Kight

Caroline Dowd-Higgins | Posted 05.02.2015 | Business
Caroline Dowd-Higgins

Recently, I participated on a panel for the Council of Alumni Association Executives in Scottsdale, Arizona. A highlight during the event was a presentation by Kai Kight who identifies himself as an innovator, speaker, violinist, and entrepreneur.

100 Million Reasons to Be Thankful

Jay Scott | Posted 04.08.2015 | Impact
Jay Scott

While the common conjecture may be that summer is the most important time for us here at Alex's Lemonade Stand Foundation, the beginning of the year brings with it some special inspiration as well.

Should Boards of Directors Communicate With Shareholders? Vanguard Says Yes. Many Directors Say No.

Lex Suvanto | Posted 03.26.2015 | Business
Lex Suvanto

Director-shareholder engagement may not advisable for every board for a number of legitimate reasons. But there is no question it is an emerging practice. Those who have engaged say it is worthwhile and can be a powerful strategy to strengthen shareholder relationships in an age of increasing investor activism.

The São Paulo Stock Exchange Expansion Would Be a Good Move

Susan Perkins | Posted 03.08.2015 | Latino Voices
Susan Perkins

Though the LatAm capital markets are fighting to ward off further downward movement due to stumbling oil prices and weakening currencies, one long-term strategy that will continue to bring more liquidity to these markets is better corporate governance practices.

Taking the Time to Learn in Transition: How the Ford Foundation Board Revamped the Traditional CEO Search

Kathleen P. Enright | Posted 01.11.2015 | Impact
Kathleen P. Enright

GEO recently convened a diverse group of foundation trustees and CEOs at the Ford Foundation in New York. This meeting was constructed as an opportuni...

Microsoft CEO Tells Women Not to Ask for Raise!

Keven Bellows | Posted 12.16.2014 | Technology
Keven Bellows

This "nice girl" conditioning puts them at a real disadvantage in the work place. And it's no accident that it was a woman on his board who challenged Nadella's remarks.

Don't Just Sit on a Board: Stand for Your Mission

Anne Wallestad | Posted 12.06.2014 | Impact
Anne Wallestad

I am a true believer in the power of boards. I have seen strong and courageous boards pull organizations away from the brink, and I have seen weak and disengaged boards allow an organization to languish.

How A Custodian Taught This Veteran Nonprofit Exec A Crucial Lesson In Fundraising

The Chronicle Of Philanthropy | Carol Weisman | Posted 09.16.2014 | Impact

I have a confession to make. It isn’t pretty and I know better. I thought I would share my failing with you to serve as an example of what not to do...

Directors Could Be Personally Liable for Off-Label Drug Marketing Violations

Brad Reid | Posted 11.10.2014 | Business
Brad Reid

A recent decision of the federal Court of Appeals for the Ninth Circuit indicates that corporate directors could face personal liability for off-label...

Can Technology Disrupt the Boardroom?

Sophie-Charlotte Moatti | Posted 09.28.2014 | Technology
Sophie-Charlotte Moatti

As baby boomers retire, the boardroom is ripe for a makeover and its composition is likely to change meaningfully over the coming years.

Taking Credit and Accepting Responsibility

William B. Bradshaw | Posted 08.22.2014 | Politics
William B. Bradshaw

I would like that same kind of trust and credibility from our president and his administration and his advisers. They have every right to take credit for their successes, but they also have every responsibility to accept the blame for their mistakes, misjudgments and failures.

Gender Equity Can Make America Competitive

Eve Ellis | Posted 08.20.2014 | Business
Eve Ellis

In his recent address at West Point, President Obama said the U.S. must always be a leader. And yet, leaders of U.S. corporations, so far, have seemed complacent with a lagging status quo.

Women on Boards: Are You Supporting Your Women Leaders?

Marilyn Nagel | Posted 08.13.2014 | Women
Marilyn Nagel

We applaud those companies who are recognizing this imperative and adding women to their boards, and we encourage those companies who have not yet responded to look at the success of these companies and follow their lead.

Voluntary Action Is Not Working!

Keven Bellows | Posted 05.03.2014 | Business
Keven Bellows

The significant value women bring to corporate boards and the bottom line has been established by a number of reputable surveys and long-term research. Yet the percentage of women on public company boards in the U.S. remains an anemic 16-17 percent.