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Governance: It’s Not Rocket Science

At a recent board meeting with a new client, I found myself at the table with a number of brilliant and acclaimed scientists, some of whom had worked for NASA at different points in their careers. The board members’ individual accomplishments aside, this organization’s governance was abysmal.

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Additional Board Responsibilities

Most Board members understand that it is their responsibility to provide fiscal and programmatic oversight and guidance for the organization they govern; however, they are

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Related Party Transactions

At its most basic level, a related party is one that is either directly or indirectly able to significantly influence or control another party. Thus,

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Removing Troublesome Board Members

Boards of directors function in interesting ways. Whenever a group of people closely interact, collaborate, form joint decisions, vote, and are held accountable, there exists

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