“Succession Planning: What You Need To Know”
How Balanced Is Your Board?
The exceptional board would have a perfect balance of newer members, individuals who have been on the board for a number of years, and members who have longer tenure and may be leaving the board soon. Each of these individuals or groups can be thought to be in different phases of board service and we can illustrate this with a Board Contribution Curve.
In this video, I explain the phases on the Board Contribution Curve, and encourage you to compare your board to the curve to see if you have that exceptional board. I also give you three things that you can do to ensure you have a good balance on your board.
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