2. Enhancing Board Processes
Where the rubber hits the road
2
One of the board’s central responsibilities is
to steward tangible assets, oversee
operations, manage legal compliance, and
ensure fiscal accountability.
4. Optimal Situation
Board members should understand
what is expected of them, be able
to readily access relevant, critical
data to inform their thinking,
prepare for meetings, and support
prudent oversight.
4
5. Practical Reality
Often information is inaccessible
and standards are lacking in terms
of the depth, frequency, and format
in which boards should consume
information
5
6. Useful Tools
Board management software has
been designed for the express
purpose of arranging, and making
securely accessible, important data,
records, policies, and resources.
6
7. Implementation Tips and Tricks
When boards adopt technology to
help uphold their fiduciary
obligations, it is important that they
first spend time clarifying what
information they need when, how
they plan to use that information,
and why it is important.
7
8. Pitfalls to Avoid
Codifying process standards prior to
adopting a technology solution will
go a long way toward ensuring
organizational success with that
system.
8
9. Learn how board management software can
help deliver results for you and your board.
Editor's Notes
1
One of the board’s central responsibilities is to steward tangible assets, oversee operations, manage legal compliance, and ensure fiscal accountability.
Optimal Situation
Practical Reality
Useful Tools
Implementation Tips and Tricks
Pitfalls to Avoid
Optimal Situation: Board members should understand what is expected of them, be able to readily access relevant, critical data to inform their thinking, prepare for meetings, and support prudent oversight.
Practical Reality: Often information is inaccessible and standards are lacking in terms of the depth, frequency, and format in which boards should consume information.
Useful Tools: Board management software has been designed for the express purpose of arranging, and making securely accessible, important data, records, policies, and resources.
Implementation Tips and Tricks: When boards adopt technology to help uphold their fiduciary obligations, it is important that they first spend time clarifying what information they need when, how they plan to use that information, and why it is important.
Pitfalls to Avoid: Codifying process standards prior to adopting a technology solution will go a long way toward ensuring organizational success with that system.