When involved on (or working with) for-profit and non-profit boards, start by asking these key questions. Everything else emanates from here…
Board Governance:
- Do you have the optimum committee structure?
- Do you have the right set of skills and experience on each Committee to maximize effectiveness and ensure strong governance?
- Are your directors receiving the right information at the right time in the right way from the right sources?
- Are meetings scheduled so as to best meet the mission of the Board?
- Is the appropriate work happening in your committees and between your committees, with full transparency with the full Board?
- Do you have a robust, rigorous and systematic process for evaluating the CEO? The Lead Director? The Committees? The Full Board? Each Director?