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Non-Profit Governance Dialogue

Blog posts by Jerry Hurley, AERG

 

Overcoming Board Challenges

Posted on December 27, 2011 in Board Governance

I was privileged to be interviewed on “overcoming boardroom challenges” in The Glass Hammer, 11/30/11, an online community for women executives in finance, law and business  (bit.ly/tizkwk).

 

My advice to women seeking board service was to prepare as should any man: 1) understand effective governance cultures, especially roles and responsibilities, 2) study the group under consideration, its track record, focus, etc., plans, policies and procedures, 3) plumb the expectation of directors on that board (200-300 hours of work, fundraising, etc.), and 4) be certain on one’s own expectations/intentions regarding accepting the demands of such board service.

 

Too few organizations are clear regarding their expectations of board directors and, therefore, select/nominate poorly.  Conversely, too many potential nominees blindly accept board invitations without understanding the demands and consequences.

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In Frederick Turkey Trot Thurs. with 18 of bride's family, ages 91-5, four generations, from FL,NC, and MD. Half will walk, including moi.
According to the Financial Times, hedge fund directors in the Cayman Islands serve on multiple (50-100) boards. NACD suggests 5 max.
My 9/12 blog exposing do-gooders who propose that the feds control "excessive" CEO comp. NACD's http://t.co/pV6y9xvU