Category: How To

Leveraging Artificial Intelligence in the Boardroom

artificial intelligence

Implementation of artificial intelligence and automation in the boardroom – of all places – doesn’t really seem to jive with conventional wisdom. Boardrooms conjure the most significant decisions about an organization’s past, present, and future. This necessitates in-depth thought—which traditionally isn’t something that can be automated in any shape or form. Realistically, can AI be…

Defending Against Activist Investors

investor meeting

Going public with an organization comes with a multitude of advantages. Predominantly, it means an increase in available capital, further visibility, and access to a wealth of lucrative business partners, etc. Alternatively, going public means opening a company up to an array of risks. Of course, there’s a matter of the high price, a big…

How to Attract the Best Candidates for Your Board of Directors

board recruitment

It’s entirely justifiable for a board of directors to be discernably picky when looking to add some new blood. Of course, there’s always a chance that a board member doesn’t necessarily fit in the long run—even after following all the correct recruitment protocols. But that’s a different subject altogether (and one we might broach at…

Why Should Education Boards Use a Board Portal?

education board

It’s all too common that an education board can fail to function like regular businesses. Sure, colleges and universities – for instance – have historically monopolized the education industry. Now, however, the landscape is changing—and online learning platforms are providing genuine competition. Plus, the younger population is now hesitant to take on student loans (if…

When Should Company Bylaws Be Updated?

discussing company bylaws

It’s only natural for people to become set in their ways. And grouping a bunch of people together into a collective (i.e., a board of directors), can increase the stubbornness tenfold. It’s not entirely uncommon for organizations – starting at the top – to follow procedures because ‘that’s how they’ve always been done.’ No matter…

Consent Agendas: A Time-Conscious Board Member’s Best Friend

meeting using consent agendas

There’s nothing worse than board meetings that spend too long on unurgent topics that should necessitate minimal discussion. Yes, rudimentary policies and procedures issues should always remain under some scrutiny, at least. But that doesn’t mean these items should chew into the time allotted for more pressing matters. To combat such an obstacle, boards of…

Maximizing Your Value from Day One: Crucial Tips for New Board Members

new board members taking notes

Even directors who’ve been on a board for years can find it challenging to meet expectations and make a positive impact in their role. As such, we fully appreciate the obstacles faced by anyone who’s recently become a board member. Of course, the positives of this role vastly outweigh the negatives, but that doesn’t mean…

Why Your Board Needs a Risk Committee

manage risk committee

With technology growing at rapid rates, organizations in all industries are open to an array of pathways yet to be traveled. Now, this is quite positive. Businesses benefit from previously inconceivable opportunities to increase profits. Unfortunately, it’s not all good news. The world is an increasingly complicated place—and as tech grows at a lightning pace,…

What Are Circular Motions?

circular motion agreement

When the board of directors of an organization signs a document with wording implicating that they are in favor of the proposed resolution, it’s called a circular motion. Companies with established procedures will utilize circular motions instead of passing a resolution at a convened board meeting. Circular motions are appropriate for routine resolutions that rouse…

How to Measure the Overall Effectiveness of Board Meetings

business woman balancing effectiveness of board meeting

During board meetings, boards of directors reach the crucial decisions that shape a company’s culture, business model, and vision for the future. It’s also where board-members can collaborate and innovate in a way that sets their organization ahead of the pack. When a board member partakes in productive and engaging meetings, there’s a trickle-down effect…