It is very common for an executive committee to be authorized to take action on behalf of the board on all matters in between regular board meeting. Delegating the full power of the board to an executive committee may be very useful, particularly when the board is composed of a large number of directors who […]
The University of Virginia Debacle – A lesson in being responsible about your responsibilities
One of the most important responsibilities of a board of directors is to oversee and, when circumstances dictate, terminate the chief executive officer. Boards should recognize that proper procedures, tact and management of potential interpersonal conflicts will be critical in managing any termination of an organizational leader. However, according to The New York Times, the […]
Tweets of the Week – 3/26/10
Here are some of my favorite posts of the week: GTak: Six Important Facts about Tax-Exempt Organizations – http://is.gd/b0Jnu – IRS Tax Tip 2010-59 GTak: Charity care rules under health reform law will look familiar to Illinois hospitals – http://is.gd/aXVUs GTak: Minnesota Attorney General sues California nonprofit w/out 501(c)(3) status (Dream Scholars Foundation) – http://is.gd/aXSho […]
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