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Board of Directors

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

Brad Reid | Posted 09.10.2014 | 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 07.29.2014 | 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.

In Defense of Mission

Anne Wallestad | Posted 04.08.2014 | Impact
Anne Wallestad

Oftentimes, when a charity experiences a scandal, the public outcry is "How dare they abuse donors' funds that way?" While this is understandable, I believe it's misplaced outrage.

Why Do Nonprofit Leaders Get in Their Own Way?

Nell Edgington | Posted 04.06.2014 | Impact
Nell Edgington

Once you have the courage to admit (to your board, to your donors, to your staff) that you don't know how to do everything, you just might finally get the help you so desperately need.

Governance Challenge: The Board's Role in Crisis and Risk Management

Harlan Loeb | Posted 03.30.2014 | Business
Harlan Loeb

Challenging as it is, unprecedented risk creates a spur for change.

Meet the People Who Gave JPMorgan's Jamie Dimon an $8.5 Million Raise

Peter Dreier | Posted 03.28.2014 | Business
Peter Dreier

On Friday, the board of directors of JPMorgan Chase voted to give CEO Jamie Dimon a raise. Not just a cost-of-living increase, but almost a doubling of his compensation. In Dimon's case, this means his compensation jumped from $11.5 million to $20 million.

A Happier New Year for Women and Business

Keven Bellows | Posted 03.09.2014 | Business
Keven Bellows

As 2014 rolls in, I would like to suggest a bold resolution for corporate board chairs: We will search for and find, not just one, but several, competent, capable, qualified women to join our board of directors this year -- even if we have to expand the size of our board, which we have the authority to do.

Parity in 2084?!

K. Sujata | Posted 02.19.2014 | Chicago
K. Sujata

If women continue to support other women, we won't have to wait until 2084 to see gender equality in the boardroom and in the C-suite. Let's challenge ourselves and others to make major strides in 2014.

Build an Effective Nonprofit Committee

Shayla R. Price | Posted 02.19.2014 | Impact
Shayla R. Price

With one or several subgroups operating, more focus can be directed on even the smallest of work areas. This allows the board to concentrate on the bigger issues and determine the best final decisions.

Evolve Your Board As Your Organization Changes

George Bradt | Posted 01.25.2014 | Business
George Bradt

Just like you need different types of boards to ride surf, snow or street, you need different boards to help guide different stages of your business. ...

The Pros and Cons of Hiring Consultants

Kate Gale | Posted 01.25.2014 | Arts
Kate Gale

In an ideal world, a consultant would work like a running coach or a marriage therapist. There are good consultants and bad ones, but the important idea to start with is: Are you ready for a consultant?

Founders as Directors Must Avoid Self-Dealing

Brad Reid | Posted 12.31.2013 | Business
Brad Reid

An assertion that the directors failed to exercise proper oversight requires proof that the directors failed to create an information system or controls or, having an information system, consciously failed to monitor corporate operations.

Litigation Between a Founder and Outside Investors

Brad Reid | Posted 01.23.2014 | Business
Brad Reid

Once a privately held company obtains outside investors, there may be tensions between the desire of the founder of the business to maintain control a...

Sexism Alive and Well at Harvard Business School?

Keven Bellows | Posted 11.16.2013 | Business
Keven Bellows

It's hard to believe that women whose success in school and careers was sufficient to grant them entry into the rarified world of the Harvard Business School would still be susceptible to the pressures of adolescence. Social conditioning dies hard.

How To Get On A Nonprofit Board

Greg Vermeulen | Posted 11.08.2013 | Impact
Greg Vermeulen

At recent event, I was asked: 'what is the best way to get onto a nonprofit board?' The simple answer is that one typically applies to serve on a Bo...

The Gender Pay Gap: It Affects us All

Susan Bloch | Posted 10.19.2013 | Business
Susan Bloch

Parity is not only a "women's" issue. It affects us all. It makes no sense to penalize women when the benefit of their leadership to organizations and the economy are clear.

Don't Give Away Your Board Seats

Steve Blank | Posted 09.08.2013 | Business
Steve Blank

I listened for a while as they went back and forth about whether he should be chairman. Then I asked, "Why should he even be on your board at all?" I got looks of confusion and then they said, "We thought all investors get a board seat."

How the Board Can Really Step Up to the Fundraising Plate

Nell Edgington | Posted 09.07.2013 | Impact
Nell Edgington

It's no secret that nonprofits struggle with money. In fact, the Nonprofit Finance Fund's most recent State of the Nonprofit Sector Survey found that 41% of nonprofit respondents ran a deficit in 2012.

How to Succeed in Business: The Power of Daughters

Susan Bloch | Posted 09.02.2013 | Business
Susan Bloch

As a British woman who has coached global leaders for over twenty-five years, I've long recognized how daughters who show an affinity for leadership roles at school and college, can change their father's thinking regarding women in positions of power and influence.

Should Millennials Be On Your Non-Profit Board?

Greg Vermeulen | Posted 08.11.2013 | Impact
Greg Vermeulen

Representing a broad set of perspectives on your board is important. This includes people of varied backgrounds and experience. We often talk about ethnic or gender diversity on boards but having people of who come from different generations is key.

Hard Questions Every Nonprofit Must Ask

Nell Edgington | Posted 07.29.2013 | Impact
Nell Edgington

It is critically important that we move away from an unwritten rule that "charities" are doing good things that shouldn't be questioned, to a place where nonprofits are continually asking themselves whether they are making the most effective use of resources and providing real solutions.