Board Perpetuation

A Process for Board Appointments

By Michael Healy Do you have a mid-term vacancy on your board? Are you considering appointing someone to fill that position? Here is a suggested process that has worked well for a number of boards: Collect names of potential candidates. Sources may include your existing pool of candidates suggestions from [...]

The Power of Board Perpetuation Planning

Board perpetuation is a key task for directors, and actively pursuing it throughout the year (and every year) creates a powerful influence in the quality of board work. The first step is having a strong list of potential candidates before the election cycle. There are a variety of components to [...]

Changing the Board Nominations Process

Ozark Natural Foods Fayetteville, Arkansas Year founded:  1971 Member investment:  $140 Number of members:  9,300 Number of staff:  97 Retail square feet:  9,000 Ozark Natural Foods had a legacy of internal conflict and high board turnover.  Historically, people didn’t necessarily run for the board because they wanted to serve the [...]