Personal Core Values And Beliefs

The role of the board of directors is to oversee their operations that consists of community-based volunteers. They work with other community members that are composed of youths and graduates of their shelter programs. Also, to provide resources, allocate funds, monitors the activities of management, as well as electing outside individuals to serve as officers of the organization.

Gill puts forth his four pillars of excellence in which he thinks every good board possessed. These pillars are Board Development, Management of board work and meetings, decision making and . board and organizational culture.Throughout this paper I will show how after the departure of sarah the league designed and created a good board by implementing each pillar.

In large corporations the success or failure of the company is the responsibility of the board of directors. According to Richard DeGeorge, “The members of the board are responsible to the shareholders for the selection of honest, effective managers, and especially for the selection for the CEO and of the president of the corporation.” (p. 202). The board members have a moral responsibility to ensure the corporation is run honestly, in respect to its major policies, and to ensure the interests of the shareholders are satisfied. The next responsibility within a corporation is the responsibility management has to its board of directors. DeGeorge writes, “It must inform the board of its actions, the decisions it makes or the decisions to be made, the financial condition of the firm, its successes and failures, and the like.” (p. 202). The management of the corporation is morally obligated to

Board of Directors – are responsible for overseeing the activities of Innovative Widgets so that the company meets the expectations of our founder.

Joshua Kennon (2007), stated that “The board of directors is the highest governing authority within the management structure at any publicly traded company and is usually made up of the directors who are elected for a specific number of years by the shareholders”. According to Wikipedia,” A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization”.

I think the role and responsibility of a board member complicates this to an even greater degree as you must reconsider your communication and conduct yourself in the language of the entity you are overseeing. Boards of Trustees have different roles and in some situations a board member could be asked to bring their expertise to the entity they are serving. I was asked to be a part of the Roscoe Village Foundation Board of Trustees for my financial and administrative background. The incident that I have studied provided me with a great learning opportunity that displays the mismatch between the culture of the organization that I work for every day versus the culture of the Roscoe Village

My goal for the first part of the interview was to find out how the board is structured and how it works together to accomplish goals. I learned that the board currently has 16 members, one less than usual because they have left an open space to be filled by one of the three prospects they have been hoping to recruit over the last year. Their bylaws allow them to make such strategic adjustments, if necessary. According to readings and lectures from class, a 16-member board is average sized; however, my interview with Roger suggests that other boards are significantly larger, at least the ones that he has served on in the health and welfare sector. Additionally, a board of 16 can feel very small when many of the members do not have

Nonprofits are still mainly volunteer based but they are now more organized and articulate than ever. Most nonprofits are comprised of a group of people to oversee the volunteers and they are commonly known as the Board of Directors. Sometimes referred to as the board of trustees or the governing board, these people are entrusted with the major decisions of the organization and are responsible for providing leadership and directions for the nonprofit (Arshad). The Board of Directors are usually members of the community that have been elected to act as management and they make major decisions for the organization. These members are the governing body of the nonprofit and they are responsible for overseeing the organization’s activities (Grobman).

The Board of Directors are an executive subculture as they are the hierarchy of a higher education institution. They maintain control and financial stability/profit, and are responsible for the survival and growth of the institution. In for-profit universities, this group also includes the shareholders that play a large role in the running/management of the

The board of directors holds a very critical management function within or organization with the following criteria essential for membership:

As member of the board of directors they are bound by a duty of loyalty. They must act in the best interests of the corporation and the shareholders.

Bruce Hopkins in his work, Legal responsibilities of nonprofit boards defines nonprofit governing board members as “fiduciaries of the organization’s resources and guardians of its mission.” Hopkins categorizes these legal functions as the fiduciary responsibilities in “duty of care, the duty of loyalty, and the duty of obedience.” Under the duty of care, the level of competence expected of a board member, commonly expressed as “the duty of care that an ordinarily prudent person would exercise in a like position and under similar circumstances." For example, Kelly LeRoux and Julie Langer cite Green and Griesinger 1996 study, Board Performance and Organizational Effectiveness in Nonprofit Social Service Organizations examining 16 social service organization boards to assess the degree, which, the

The board is critical in running an economic entity as it represents the backbone of its decision making process, as well as the backbone of the entire organizational affairs, activities and public image. As member of the board, the individual occupies a powerful and privileged position within the firm, but this position also comes with responsibilities. In other words, the board members are also subjected to some legal liabilities.

To qualify as Board of Trustee member, the individual should be ready to volunteer and play a significant role in supporting the foundation. Considering the length of service and their demographic characteristics, it is evident that the members have proven dedication towards enhancing the success of the institution. The Board of Trustees have the role of determining the need for additional member through a way of vote. The written by-laws of the board include the idea of membership termination and the guidelines for the procedures of conducting meetings. These guidelines are important in learning the methods of keeping a team focused.

Critics often proclaim that boards fall sadly in this category and are simply assistants to their chief executive officers (CEOs). They get paid too much, work entirely too little, and have little expertise in corporate governance or possess unacceptable levels of financial literacy.