Don’t leave your board makeup to chance!
Discover strategic steps to building a high-performing board that drives success.
Having a board of directors composed of friendly and committed individuals is undoubtedly a positive aspect of any organization. However, the real question that often goes unanswered is whether your directors possess the necessary skills and knowledge to effectively lead the credit union toward its goals and long-term success. Plus, do you even know what those critical board competencies should be?
Many organizations, out of necessity or tradition, accept members solely based on their availability rather than strategic necessity. This approach, while understandable, can potentially overlook critical competencies essential for navigating today’s complex business environment.
So, what’s the alternative?
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