The Board of Directors is accountable for the functions outlined in the Policy Related to Role of the Board of Directors and utilizes the Due Diligence Plan to guide work.
In order to do its work effectively, with the highest degree of knowledge and competency, the Board shall be intentionally composed to include the specifically identified knowledge, skills, and experience that are necessary to carry out the Board’s role and the due diligence functions. These knowledge, skills, and experience will be brought together with due consideration for diversity and networks.
ABC Organizations’s Governance Committee, in partnership with ABC Organization’s Chief Executive Officer, provides leadership and facilitation to this process.
Any candidate for Board membership – whether through nomination and election or appointment – shall be endorsed through the Governance Committee process, and shall be approved by the Board.
- Annually, said knowledge, skills, and experience are identified and articulated, based on the legal and moral responsibilities of governance, ABC Organization’s values and mission, and contemporary organizational needs.
- Knowledge, skills and experience include but are not limited to financial management, legal, fund development, governance, human resources (e.g., personnel management, conflict resolution, etc.), public relations /marketing, and