What is the Difference Between Advisory Board vs Board of Directors

Keeping a reliable group of advisors is a significant aspect of ensuring that your business is growing in the right direction. Typically, one can observe two variations of a board – the advisory board and the board of directors. Every company looks for a diverse range of channels to give them trusted advisory services, which […]

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Board Member – Big Money? Set Your Salary Expectations

Private companies as well as Non-Profits still struggle with the eternal question of how much should their board be paid as compensation for valuable service. There are several factors that come into play before arriving at a director compensation, such as the number of meetings to be scheduled, type of industry, size of the business, […]

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Who’s the Boss? How to Handle Overbearing, Micro-Managing Board Chair

One of the more common issues that board members face is when an executive director or board chair becomes challenging to work with. Often, this may not always be a power struggle, but instead highlights a top-heavy governance model, where one individual has to make too many decisions. Mutual trust and respect must be prioritized, […]

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How to Eject from an Unethical Board

Taking the call to serve as part of a board is a big decision that requires much introspection and assessment of one’s long-term goals and future career path. Similarly, when you make the decision to resign from a board, it should be given a great deal of thought. As a board member however, you have […]

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Network Your Way to the Boardroom Table

Joining a board role is not the same as getting a position for which you applied. Boards are usually more exclusive and function like a fraternity or private business club, where candidacy is only possible by invitation. You may be thinking about connecting with search firms and keeping them close to fulfil your board dreams, […]

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