Board Boot Camps
The function of a board of directors is to oversee the activities of a company or organization. They are the overall governance of an organization. This places board members under increased scrutiny from the employees for which they make decisions, their peers, shareholders and regulators.
The leadership at NFP Compensation Consulting have decades of experience working with public, private and not-for-profit organizations on a variety of complex compensation and governance situations. Our consultants conduct personalized, company-specific Board Boot Camps. The goal of the Board Boot Camp is to educate board members at every stage of experience and from every type of organization to reinforce best practices for sustainable impact.
Public Company Board of Directors
Directors of public companies face the challenge of transparency and ownership, as they are under the watchful lens of regulators and shareholders.
Private Company Board of Directors
Private company directors face the challenge of proving to be objective and independent. Often in a private company, the CEO is a majority shareholder so the board acts as an advisor on many of the key issues.
Nonprofit Board of Directors
Nonprofit and Not-for-profit boards face strategic and financial challenges. The responsibility to ensure that organizations are indispensable and effective falls on the shoulders of the boards and the CEOs they hire.
NFP Compensation Consulting Board Boot Camps Cover:
- Effective corporate governance
- Succession plan and compensation of CEO
- Structure of organization
- Regulation adherence
- Financial oversight
- Assessment and evaluation/reporting policies
- Board of Director Responsibilities
Board Authority and Relationships
- The Board / executive leadership relationship
- Board meetings and committees
- Board member dynamic, desirable traits and diversity
Action Plans
- Strategic planning
- Specific board scenarios and decision making
- Tools and techniques to implement your strategies
If your organization is in need of a Board Boot Camp, contact NFP Compensation Consulting today. Our consultants will provide a personalized evaluation to discover the nuances that set your company apart and host a Boot Camp to take your company’s board of directors to the next level.
