"Toxic board members" hot topic for attendees at National Director's Convention
The departure of your CEO is the most important and challenging board responsibility. Most boards don’t provide sufficient time to this critical task. A Korn Ferry survey indicates that although 90% of board members think it’s important, only 30% are prepared for their CEO’s departure.
Last week I attended a governance conference in New York City. The primary focus of the meeting was education of directors who serve members and other important stakeholders. The real challenge that CEOs and boards face, is to learn as fast as the world is changing. This implies a commitment...
When it comes to monitoring a credit union's business lending portfolio, ensuring that there is synergy between the CEO and the board of directors can go a long way in identifying risk exposure.