Boards that Lead

boards-that-lead

Boards that Lead: When to Change, When to Partner, and When to Stay Out of the Way

by Ram Charan, Dennis Carey, Michael Useem

“A board can be a destroyer or a creator of value.” This book presents an excellent analysis of how the inept boards of Hewlett-Packard, Motorola, and AIG destroyed shareholder value; interesting insights into the turnarounds of Apple and Tyco; CEO succession at Ford, 3M, and GlaxoSmithKline; and Procter & Gamble’s acquisition of Gillette. Continue reading “Boards that Lead”

Nonprofit Meetings, Minutes & Records

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Nonprofit Meetings, Minutes & Records: How to Run Your Nonprofit Corporation So You Don’t Run Into Trouble, Second Edition

by Anthony Mancuso

This book offers some good insights for anyone who serves on the board of a nonprofit organization, especially the board secretary. If the board of directors ignores its bylaws and state nonprofit laws, the organization could lose its tax-exempt status. Director liability is another concern. Continue reading “Nonprofit Meetings, Minutes & Records”

The Five Most Important Questions You Will Ever Ask About Your Organization

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The Five Most Important Questions You Will Ever Ask About Your Organization

by Peter Drucker et al

This book offers a strategic planning framework for nonprofit organizations. It can help board members set the direction by asking five questions.

What is our mission? The mission must reflect opportunities, competence, and commitment. Drucker cautions, “Never subordinate the mission in order to get money. If there are opportunities that threaten the integrity of the organization, you must say no.” Continue reading “The Five Most Important Questions You Will Ever Ask About Your Organization”