Est1 Task 4

The board carries out the duties in regard to the interest of the companies’ shareholders, staff,

In the State of North Carolina(NC) to be able to obtain a license to practice as a Family Nurse Practitioner the applicant will first will have to hold an active valid Registered Nurse license number from NC or from another compact state (NC Board of Nursing, 2015). The next major step is to complete an accredited Nurse Practitioner (NP) program. Until recently South University was not an accredited school in North Carolina for Nurse Practitioner not only a few months ago the accreditation was obtained. After satisfactory completion of the program the prospective NP will have to apply to the AANC or ACNP for examination to obtain a certification (NC Board of Nursing, 2015). Once the NP passes the board she will have national certification to practice in any state where the Registered Nurse license is active, and she will have to follow the requirement for that state. The board will mail a registration card that will allow the nurse to use the title of NP, but it does not grant the authority to practice. The NP will have to apply for certification to practice (NC Board of Nursing, 2015)

3. Has the board established a nomination committee which consists of a majority of independent directors? The board should be structured in such a way that it ensures an appropriate mix of skills and expertise to govern the company and enhance its performance role. The committee should be structured in such a way that a majority of independent directors can enhance the board’s

d) The Executive Committee shall be elected from and by the Board members of the

A board that keeps management and governance separate may see more participation and candor from its directors. the board; supervises staff; and directs Some discussions are appropriately held just among the the business of the foundation. board members—without the CEO. As an example, a board member may want to express a concern about a certain staff member, or perhaps two board members disagree on an issue and would prefer to discuss it without the presence of staff.

GOVERNANCE. The Board of Directors of a not-for-profit organization is responsible for reflecting on the charitable mission of the organization, give a strategic direction and oversight, and authorize any change to the operations

The Governance and Nominating Committee is required to monitor and set guidelines relating to the Boards access to information and management. In the Bombardier executive environment these guidelines are challenging to monitor and control due to the family control of the Bombardier and the lack of truly independent board members. It is further complicated by having members of the family holding other executive and c-suite positions through the organization.

Responsible for discussing adequately with the Board of Directors and giving all data important to the Board to

Board members will consist of members with a variety background. An election committee will be formed to interview and make recommendation for possible members. No member will be related to another member and only two members from the same field. Having broad

Early exposure to the board of directors enhances understanding of the scope of the role and expectations of the board.

The board of directors consists of the audit committee of a company. The audit committee is responsible for recommending the Board for the independent auditing firm retained for the coming year, subject to stockholder ratification. What’s more, they meet the independent auditors, the company’s

Review and comply with the Code of Business Conduct and all relevant Company and Division policies and procedures, and local, state, and Federal laws and regulations. Employees with supervisory responsibility ensure staff understand and comply with the Code of Business Conduct and all relevant Company and Division policies and procedures, and local, state, and Federal laws and regulations, and establish effective internal systems and controls to promote such

founder’s actions, the Board will be required to answer to its stakeholders. The fact that there

The board needs to take a more active role in governing the organization. The best board are ones that implement the trifecta of board governing Type I,II, and III governing. Type I governing is fiduciary governing. In type 1 governance, data is gathered and reviewed to ensure compliance with laws and policies (Chait). Type I governing prevents waste, thefts, misuse of resources,safeguards the mission and requires trustees to operate solely in the best interest of the board (chait, Ryan , Taltoy) The board needs to ask whether and how effectively programs are advancing the mission and analyse performance measures. As part of this type of governing the league spots and debate the fiduciary significance of issues. Chait writes that Type I governing routinely examine financial and programmatic reports (chaiit). The league will review reports on a monthly basis and on a bi-yearly basis do a thorough review on the budget the financial statements of the league in order to revise, amend or rework the financial strategies put in place.

Next, Barrett (2011) suggests consideration of the audience. For this meeting, the board of directors, who are the decision makers, is the audience. Included along with the board of directors, key personnel such as the budget officer and legal team ought to be included. The meeting setting and time in this scenario will vary due to the board of