Effective governance is characterized by board engagement, accountability and transparency, best practices, and well-considered guidelines and decision strategies. Under federal and state law, board members are fiduciaries who must act in accordance with their fiduciary duties of care, loyalty, and obedience. How are they applied in practice? What best practices are most effective and important? What are the responsibilities of the board versus those of the executive staff? Why are properly constructed bylaws so important?
In this webinar, we will explore how the duties of care, loyalty, and obedience are applied in everyday governance situations, where boards and staff go wrong, and how your organization can meet the challenges faced through the implementation of solid policies, practices and strategies, and avoid legal pitfalls.
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