This week we talk about a different aspect of Board stewardship: compensation, succession planning, and knowledge management. One of the things Allison mentions is the fact that some executive staff could be a flight risk -- that's right. They might run if the Board isn't paying attention to the importance of staff retention. We discuss the need for alignment in all these areas and how Boards can plan not just for their term but for future Boards!
The topics we include:
Board Responsibilities Beyond internal Staff
Risks of Deflated Executive Compensation - flight risk!!
Proactive Succession Planning
Systemic Board Continuity
These are all the areas that we know are important but may set aside "for later." What do you think is an overlooked aspect of stewardship? Share a comment!
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