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News and Articles

Board members must follow the same cybersecurity standards as employees.
Digital transformations boost efficiency and increase revenue.
Nonprofit service can prepare directors for private company boards.
The better the introduction, the sooner the board member can make meaningful contributions.
Orienting the right people to your board bolsters retention efforts.
Know board resources and ask the right questions.
Optimize the board's time to create shareholder value.
Knowing board strengths and weaknesses adds company value.
Seasoned marketing professionals make the difference in a competitive marketplace.

The Similarities of For-Profit and Nonprofit Board Service

Nonprofit service can prepare directors for private company boards.

There is a common, overly simplified and fundamentally mistaken belief that a nonprofit board is a different animal than the board of a privately held company. I’m here to tell you that, particularly from the chair’s perspective, that belief is false. 


A New Day for Businesses and Boards

Boards are seeking directors who understand the stakeholder perspective.

For owners of private companies, the best returns for the risk undertaken often come from taking into account  the returns for other stakeholders including employees, customers, suppliers and the communities where they  operate. In a sense, it’s a new day for businesses and boards. 


Rob Sligh is a senior consultant for The Family Business Consulting Group Inc.

How to Onboard New Directors

The better the introduction, the sooner the board member can make meaningful contributions.


Dottie Schindlinger is executive director of the Diligent Institute, the corporate governance research arm and think tank of Diligent Corporation. 
 

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