Perfect board governance is an elusive concept. It is a goal that boards must strive towards. They can get there if boards know what good board governance looks like.
To achieve this, boards must be structured developing a proactive cybersecurity culture in a way that is appropriate, well-chosen, as well as directed towards the future. They must be able of balancing the desires and needs of the organization, and also those of its stakeholders. They should be able to deal with any new regulatory pressures that they come up.
In the end, the success of a non-profit institution is contingent on its board’s ability meet these challenges and ensure that it is positioned for a long-term sustainable future. This could mean monitoring the sustainability of an organization’s programs, or keeping it in good shape for accreditation A strong board can help its members fulfill their responsibilities as trustees and serve the community.
The most important aspect of a structure is the creation of a suitable board agenda and schedule. It must be clear enough for directors to discern what matters need their attention and which ones can be delegated to management or committees. It should also stipulate what time the board must be informed or consult on matters that don’t require a full board vote.
The board must also be able identify their own shortcomings and areas of improvement. An annual evaluation is useful as it allows the board to evaluate its performance to that of peers.