The "Governance as Leadership" concept reframes the way Boards work with a goal to raising Board success and awareness to a higher standard. By thinking about Board work under three components: Fiduciary, Strategic and Generative, Boards can address their roles and achieve better results in new ways.
Industry Canada announced that on October 17, 2011 the new Canada Not-for-profit Corporations Act (NFP Act) came into force. Organizations currently in the process of incorporating may have to submit new forms, and organizations incorporated under the previous legislation will have three years to transition to the Not-For-Profit Act. Boards and their members should review current by-laws and see what changes will be needed to be made in the transition period. As it relates to directors, the Act will a more standard objective in carrying out their duties and responsibilities.
Blog by Tim Herron. Tim Herron is President and Chairman of the Board with the Starlight Children’s Foundation. He is a Certified Governance expert available for Executive Interim Leadership roles [...]