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Five Good Ideas for aspiring board directors
Manage episode 444040929 series 2581208
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This session provides a guide to participating in nonprofit boards, drawing on the expert knowledge of Rick Powers, a governance and board leadership specialist at Rotman School of Management.
Topics include the importance of understanding fiduciary duty and duty of care, addressing the "information chasm" between board members and management, the significance of financial literacy, CEO succession planning, board memberships and recruiting, and dealing with conflicts of interest.
Rick places emphasis on the necessity for passion about the cause, as well as clarity of role expectations for effective board membership.
For Rick's full bio, resources, and the session transcript, visit the Five Good Ideas website.
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