Category: Board Governance

Category: Board Governance

Retreat to Move Forward

Many organizations use the month of January to welcome new board directors and look towards the year ahead. In that forward looking, the organization should also start planning for its annual retreat. The annual retreat usually takes place at the beginning of the third quarter and provides the board an opportunity to benchmark the success […]

Community Job Growth and Board Recruitment

Many cities are experiencing job growth across the country. While communities grapple with decisions on how to adapt to this growth in jobs and people, nonprofits see this growth as an opportunity to recruit diverse board representation. When people move to a new area with no established roots or networks, they seek a way to […]

Prevent a Rubber Stamping Board

Rubber stamping boards are boards that approve whatever is presented with little discussion. A rubber stamping board is a board that is not energized. Because there is a lack of energy, board directors are missing out on their opportunity to support the mission of the organization, share the purpose of the organization, and use the […]

Mandating Gender Parity on Boards

In 2018, the state of California took a bold stance. The state became the first in the nation to pass a law that requires publicly traded companies to include women on their board of directors. This law is a baby step forward in making boards more diverse and equitable. The act requires corporate boards, by […]

Shake Things Up When Choosing a New Organizational Leader

Ngozi Okonjo-Iweala is an impressive woman. She is the former Finance Minister of Nigeria and was a World Bank development economist, eventually being promoted to Managing Director – the number two position at the World Bank. Earlier this year, she was considered a front runner to head the World Bank after former President Jim Young […]

Dealing with a Problematic Board Director

In 2014, the #ExeronatedFive (nee: #CentralParkFive) received a multi-million dollar settlement from the State of New York for their wrongful conviction and imprisonment related to the case of the rape and battery of Trisha Meili. Linda Fairstein, the prosecutor in the case, has come under fire in 2019 following the success of Ava DuVernay’s film, […]

You Can’t Fake Diversity Work

How you gonna have a corporate meeting that Beyoncé deems to grace with her presence and not have a single black face in the room?! Reebok learned the hard way that the lack of representation cost them millions of dollars when Beyoncé walked out of the meeting and took her Ivy Park label to Adidas. Reebok denies […]

Responsibilities of Board Directors – Financial Oversight

One of the responsibilities of a board director is to ensure the financial oversight of the organization. While many directors understand their duties as it relates to fundraising, it is important that a board director understands the financial health of the organization as well. This includes understanding the budget for the year, the sources of […]

2019 Board Goals

Now that a new year is upon us, it’s time to think about what your board and organization wants to accomplish in the new year. In thinking about your board goals, at a minimum, your board should go through a Board Governance 101 session. A Board Governance 101 session will acquaint your board and your […]

Happy Holidays

Merry Christmas, Happy Hanukkah, Happy Kwanzaa, Merry Everything! 2018 was an exciting year for McCord Consulting Group and I hope you had a fruitful year as well. Enjoy the holiday season and get ready for more tips, advice, and support for all of your governance, recruitment, and diversity needs from McCord Consulting Group in 2019! […]

Ignoring Your Duty of Care

Duty of care is one of the fundamental legal responsibilities of a board director. In short, duty of care means that both individual board directors and the board as a whole should pay attention to and care about the organization’s activities and operations. While this seems easy in theory, board directors seem to have a […]

Creatively Serving on Arts Boards

‘Creatives’ is the buzzword that seems to be everywhere in our current lexicon. Creatives describes those who are willing to think outside of the box to make our daily lives more efficient, more effective, and more beautiful. Creatives describe the writers who pen opinion pieces that allow us to understand different perspectives in a language […]

So Your CEO Went Rogue! Now What?

Jack Dorey, Elon Musk, and Papa John are three CEOs who have been in the news lately for going rogue, impacting their companies’ profits and causing headaches for their board of directors. Jack Dorsey, the CEO of Twitter, has been criticized for continuing to give Alex Jones, the conspiracy theorist, racist, and Sandy Hook denier, […]

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