The Board of Directors is an organization’s ultimate decision-making body. Boards that take good decisions based on facts and the good judgment of their members will be essential to organizational success. Boards can enhance their decision-making capabilities by learning the elements that lead to effective decisions and the factors that detract from their effectiveness.
Lingering economic uncertainty, the need to attract and inspire millenials, and a host of other issues are making the year as challenging as ever for boards. A blog for smart boards is an excellent way for boards and their members to stay up-to-date.
The use of blogs to produce valuable, original content positions the board of directors of a nonprofit as thought-leaders in its field. The most effective boards’ blogs also serve as a powerful source of recruiting skilled candidates. They can be used for promoting events, supplying details and links and even generating new content such as checklists, eBooks, and infographics.
One of the more popular topics for blogs on board directors is governance and board culture. This is due to the increasing importance of ethics and culture in corporate governance. This is also due to the fact most public company boards are made up of shareholders, who also have to take into consideration the needs of other stakeholders. In this way, they are more interested in a holistic approach to governance that incorporates ethics and culture as well as finance and strategy.