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On Being a Fiduciary

 

A presentation on governance
by Robert Ballantyne

If you, your association, or board wish to talk about governance this outline covers topics we find useful to explore first. One of these is the concept of a fiduciary, which is at the heart of any discussion of good governance.

This material can be presented as a workshop, seminar, or talk to boards of an incorporated organization, or to boards that expect to incorporate. The focus is mainly on generic good governance with some references to Policy Governance.

What someone said to recruit new board members

The following may be good reasons to volunteer, but they are not about good governance.

The reality of a board position in a corporate entity

The position of the board appears as a box at the top of organization charts. This conveys the impression that the board is the most senior level of management. The board has the power to act as the senior management; but this is not its real reason for being nor its most effective role.

When the board speaks, the artificial entity speaks. The board is, therefore, the mouthpiece of the corporate entity

The language of Policy

The difficulty with the new governance

Saying the words that result in real new benefits for your community will make learning to govern with integrity worth the effort

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