Let’s continue our consideration about how great institutions inevitably are anchored by great boards. I suggested previously that the path to improvement should begin with a frank assessment of how well your board is functioning. We can frame the central issues of high board functioning by means of three questions:
- Do we have written policies addressing the board’s culture, conduct, and commitments?
- Do we have a plan to optimize board composition and continuity?
- Is there a board committee responsible to assess and improve the board’s individual and collective performance?
Recent posts have focused on the first of those three questions. We now move to considering the second board ownership question: Do we have a plan to optimize board composition and continuity?Let’s take these issues in reverse order: continuity, and composition.
— Ralph Enlow | 4thoughtleaders Blog