The art comes from the skill levels of the people in the meetings and their ability to work together and make good decisions.1 The science comes with the disciplined process used to conduct them. [...] In addition to being a board member, the board chair is expected to play a key leadership role both within the board and between the board and management. [...] The effectiveness of the board chair depends on various factors, including the organization's specific needs, the composition of the board, and the chair's individual strengths. [...] Indigenous Business Toolkit Project 6 Role of Directors As the representatives of the shareholders, the board of directors have a fiduciary duty to act in the best interests of the company and its shareholders. [...] The modules in the Toolkit cover everything from the role of economic development in nation building, to the importance of business charters, to the various legal forms that can be used to pursue economic development, to the steps needed to identify and negotiate beneficial partnerships, to the governance challenges that economic development must address.
Authors
- Pages
- 10
- Published in
- Canada
Table of Contents
- Vern Bachiu Murray Fulton Kristy Jackson Johnson Shoyama Graduate School of Public Policy University of Saskatchewan July 2024 1
- Conducting Effective Board of Director Meetings 2
- Summary 2
- Why Meetings 3
- Standard Meeting Agenda 3
- Board Minutes 4
- Action Items 4
- Board Decision Items 4
- Annual Meeting Calendar 5
- Frequency of Board Meetings 5
- Board Materials Sent in Advance 6
- In-Camera Sessions 6
- Chair of the Board 6
- Role of Directors 7
- Board Committees 7
- Finance Committee 7
- GovernanceNominating Committee 7
- Human Resources HR Committee 7
- Best Practices for Board Committees 8
- Unique Aspects to Indigenous Boards of Directors 8
- Conclusion 8
- Resources 8
- Notes 9
- Indigenous Business Toolkit Project 10
- Disclaimer 10
- The Authors 10
