Wednesday, September 2, 2015

YOU are the key to effective Board Governance

How would you describe your relationship with the Board of Directors? If it's less than ideal would you (could you) admit so?  How specifically has your organization benefited as a result of the Board's leadership and actions? 

These are great starter questions when discussing board development and growth with a new client. They are not, however, the most important question. 

Leadership is a formula and you need just the right blend for success.  While there are many components of leadership, you simply cannot make the formula work without an effective Board of Directors. 

So, about that question a consultant should ask you, "What are you doing as the executive leader to support, engage, and guide the Board of Directors so they clearly understand their role?"  

To get you started thinking about how your leadership supports the Board, consider the following:  

Mission:  What is the Board’s commitment to the mission? Why is each member serving, and what is is their contribution in support of the mission? From monetary contributions to expertise, skills, and relationships each board member should add value to the organization.

Accountability:  Performance Assessments are necessary and healthy for the development and growth of the executive leader, Board, and organization overall. This includes periodical Board assessments with a third-party entity.  

Leadership:  Every executive leader needs a Board comprised of individuals who embrace opportunities to lead.  Seek Board members who want leadership roles; not ones who shy from opportunities to lead.

Team:  Perhaps the toughest element, outside of raising money, is the Board’s relationship with the executive leader. The Board should understand their role is to hold the executive accountable and then recognize the executive as the clear leader of the team. Conversely, you must demonstrate your ability to be an effective leader to reinforce this relationship with the Board.

You: Your ability to effectively lead is a key element for the organization’s success.  How are you supporting, nurturing and engaging your Board?  Are Board meetings simply a “dog and pony show” of just how great things are supposedly going; or is strategic thinking and planning taking place?  Seek the delicate balance among providing direction and guidance; the Board's commitment to the mission; and the Board's willingness to embrace accountability.

If your Board is not where you feel it should be then consider engaging a third party to facilitate important discussions to move the organization from good to great.

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Dr. Wyble is the President/CEO and founder of Leadership Concepts, LLC; a consulting service providing practical solutions to community and nonprofit organizations.  Learn more at Leadership Concepts