Do you know the role of a board member?

Do you know the role of a board member?

You have a general sense of the role of a board member – something about ‘governance’ and yes, you probably heard the word “fundraising.” But you’re also thinking to yourself: I bet I don’t know half of what being a new board member entails. Or even, what did I get myself into?

What are three truths every new board member should know?

New voices and new perspectives are critical (and part of why I advocate for term limits.) 3) You deserve a very good orientation. If you have one, your voice will be even more powerful from Day 1. If you don’t get one, raise your hand to work with colleagues and staff to develop one. Here’s a template for a great board orientation.

Who are the Board of directors of Vizient?

Vizient is governed by a 22-member board of directors. Board members include chief executives and physician leaders from our member health systems as well as industry leaders from outside the Vizient alliance.

Can a executive director be a board member?

And now let’s say your organization has a harried Executive Director (this may be redundant) who really should have put together a strong board orientation but there just wasn’t time. And maybe the board members who recruited you soft-peddled fundraising or time commitment or all of the above.

When to remove a person from a board?

In some cases, a conflict of interest or unethical behavior may be grounds to remove an individual from the board. In other cases, the behavior of a board member may become so obstructive that the board is prevented from functioning effectively. The best boards often have strongly felt disagreements and heated arguments.

Do you want to be a board member of a public company?

In spite of the challenges, a lot of folks want to become public company board members. I have seen a few unfortunate cases in which very smart professionals were so eager to become a corporate board member that they fell into the trap of not thoroughly assessing the company in question.

Who is allowed to call a board meeting?

The bylaws typically state who can call a board meeting; this is usually the board chair or board president. About a week before the meeting, the board secretary should ask board members for any items that they want added to the agenda.

Is there a limit to how many years a board member can serve?

Most boards ( 62%) establish not only board terms but also term limits, such as two-year terms with a limit of three consecutive terms. In such a situation, a board member cannot serve more than six consecutive years without a “break” from the board. After a year off the board, an individual can once again be elected to the board.