Aprio News

What can you do when the results from your board evaluation or direct assessments come in low? Across North America, boards have made strides in routinely assessing individual director competencies in financial literacy, leadership and risk, compliance and security and operating legislation. Doing annual board evaluations has become essential to demonstrate strong board performance and to score well on corporate governance evaluations and board examinations. Trouble is, even though more and more

Being on a board can feel like living in a fishbowl. Disclosure requirements continue to amp up and there’s a shift underway to what Harvard Business Review describes as transparent business leadership. External voices and views, including those of board directors, now must hold businesses to higher account. It’s not enough to bravely trust that the CEO and board chair are sharing full information – you need to actively ensure that you are informed

With our thanks, we rebroadcast this blog by respected board governance advisor Kevin Smith, Publisher and Consultant at TEAM Resources. What I’d like to see is more arguing among credit union board members. What I am seeing is a bit too much harmony for my taste. And no, this isn’t about shadenfreude (no matter how much I like to say that word). This is about board engagement, and avoiding complacency. In general,

When you adopt any new software, you want to ensure that it’s being used well. With board portal software, this is doubly true. Both administrators and directors need to understand the things your board portal can do. Not taking advantage of key features can lead to frustration and even lost security if your directors try workarounds on their own. Training is the difference-maker for adoption of your board portal. Great training doesn’t