VIEWS: 17 PAGES: 3 CATEGORY: Business & Economics POSTED ON: 5/5/2012
Besides concerns about the National Credit Union Administration, the most common worry the author hears from CEOs is about when boards interject themselves into operations. Of course, from the CEO's perspective, the issue is absolutely clear: A board should not get involved in operations. But nothing in this world is cut and dried. Here are some examples of board member interventions into operations: 1. the reluctant messenger, 2. the member advocate, 3. the champion, and 4. loner with a cause. The author's 40 years of experience tell him that in virtually all cases, board members are trying to do what they believe is right and good. Most times they don't even realize they are encroaching on operations. He is equally convinced board members do not realize the angst these kinds of situations cause the CEO and staff.
Unconventional Thinking Stay in Your Own Lane Day-to-day operations aren’t a director’s pur
Pages to are hidden for
"Stay in Your Own Lane"Please download to view full document