https://howtoadvertiseyourblog.com/how-do-board-portals-help-with-corporate-governance/
Boards are legally required to exercise their due diligence in ensuring that the organization fulfills its mission and has a solid strategic plan, and doesn’t become involved in legal or financial difficulties. However, the manner in which boards are involved in the responsibilities of these boards can be very different and is largely dependent on the particular circumstances of the business.
Boards frequently make the mistake of getting too involved in operational issues which should be left to management or are unclear about their legal liability for decisions and actions taken on behalf of the company. This confusion often results from not being able to keep up with the changing demands placed on boards or from unanticipated issues like unexpected staff resignations or financial crises. Usually, this can be remedied by taking time for discussion on the challenges facing directors and providing them with guidelines and basic written materials.
Another common error occurs when the board decides to delegate too much power and not be able to review the issues it has delegated. (Except in the smallest NPOs). In this case the board is no longer able to perform its ability to evaluate and not be able to determine whether these operational activities contribute to satisfactory performance for the organization as a whole.
The board also needs to develop a governance plan, which includes how it will interact with the general manager or CEO. This includes determining how the board will meet regularly, how its members will be selected and removed, and how the board will make its decisions. The board must also design information systems that can provide information about their past and anticipated performance in order to assist them in making decisions.
()