Education

One of the most important responsibilities of a corporate director or not-for-profit trustees is to remain current in your industry. Liability looms for those directors who do not provide the quality directorship necessary for the safe and solvent operation of their company or organization. If you do not meet your important duties of care, loyalty and candor, you could become personally liable for gross negligence and/or negligence occasioned by inappropriate behavior of your board.

There is a wealth of opportunitiy for directors to educate themselves in this electronic age. Options include in-house education, extensive reading of periodicals in paper form or online, web and podcasts, social networks, blogs, Twitter and attendance at national, regional and state seminars; conferences; workshops; and private schools. It is important to be on the leading edge of the knowledge curve so that you can meet your responsibilities and duties as directors. These educational pages are meant to provide you with useful articles, publications and electronic links to help you in this process.  Coming soon - our eƩigma education platform.

Five steps to help reduce fraud in not-for-profit organizations

When many people think about fraud, their thoughts usually turn to banks, investment firms and large businesses. But don't be fooled. Not-for-profit organizations – including many charities, colleges, religious entities and trade groups – are often easy targets for sophisticated fraud schemes.

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Why Business Owners Need Boards by Michael Jacobs

The old adage ”it’s lonely at the top” applies nowhere better than to running a private company. Whether it is a family-­‐‑owned business or one lead by a single entrepreneur, private-­‐‑ company CEOs make decisions on a daily basis about disciplines they have no background in without the wisdom of others who have been down the same road. 

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Entrepreneurial leadership as a model for board performance

Product, reputation, and cash flow are the three primary areas of business that most concern an entrepreneur. A compelling product coupled with a quality reputation and the cash support for marketing and selling gives the entrepreneur the essential tools to grow a business. Without these essential tools, the entrepreneur has little likelihood of success.

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Should Boards Monitor Their Strategy Discussions?

By Tony Chapelle March 14, 2011
AGENDA, A Financial Times Service

Most (but not all) board members and governance gurus we asked said developing a formal policy around strategic review would be a good idea. Here’s why.

Steve Dreyer, Lead analytical manager, U.S. Utilities Ratings, Standard & Poor’s

Mission-Driven Governance, by Raymond Fisman, Rakesh Khurana, & Edward Martenson

From Sanford Social Innovation Review

 

The prevailing governance model is fundamentally adversarial.... The authors propose a new and more effective framework, one where board members and executives work together to advance the organization's mission.  

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Success in Small Business Is a Laughing Matter

Phil Johnston's book, Success In Small Business Is A Laughing Matter provides a valuable resource for every pastor, counselor, and religious leader to better understand the mind and challenges facing business leaders today. His great wealth of knowledge, experience, and uncommon skill with words provide the reader with ways and means of inspiring, leading, and serving today's business community in America. I believe that my fellow servant leaders will find this book to be invaluable as they glean new information about the world in which their business leaders operate every single day. I highly recommend this book!

Purchase (download) this book online

Strategic Corporate Board Minutes

Minutes provide a complete record of board proceedings. Corporate governance “best practices” encourages prompt recordation of minutes, which should be prepared and forwarded to the board...

The Capstone

Visualize a corporation as an arch that requires a capstone at its apex to support the weight of expectations placed upon it. Director accountability is that capstone in the arch of corporate governance..

Additional Resources

This section includes links to significant legislation, documents, videos, and other corporate governance tools (listed alphabetically):