{"id":5622,"date":"2024-05-30T10:00:57","date_gmt":"2024-05-30T17:00:57","guid":{"rendered":"https:\/\/berkonomics.com\/?p=5622"},"modified":"2024-05-22T16:28:45","modified_gmt":"2024-05-22T23:28:45","slug":"are-you-expecting-too-much-time-from-your-board","status":"publish","type":"post","link":"https:\/\/berkonomics.com\/?p=5622","title":{"rendered":"Are you expecting too much from your board?"},"content":{"rendered":"

Expect a board member to give a meeting a month, emails and phone calls between.\u00a0 Urgent issues require more of all.<\/em><\/strong><\/p>\n

Of course this is a tricky question. You might expect the answer to be \u201cas much as necessary\u201d or \u201cmore during emergencies\u201d or \u201cusually just at scheduled meetings.\u201d<\/p>\n

But board members are usually busy people, often running other companies or serving on\"\" multiple boards.\u00a0 Early-stage boards usually meet once a month for two to a maximum of four hours, enough to ruin the rest of a day for those who travel even short distances.\u00a0 In addition, most board members freely receive phone calls and emails from the CEO during the month, all considered part of board service. \u00a0And with the advent of Teams and Zoom, board members travel far less frequently to meetings.<\/p>\n

Special circumstances often appear by surprise.<\/strong><\/p>\n

There are times when board members are called upon to give extraordinary time to the corporation, such as interviewing candidates, strategic planning, recovery from a cash flow crisis or other urgent issues.\u00a0 Most often these are freely given by board members.<\/p>\n

Crossing that line\u2026<\/strong><\/p>\n

[Email readers, continue here…]\u00a0<\/em><\/span>\u00a0 CEOs: You will probably cross a line if you ask a member of the board to consult to the company, spending considerable time with other \"\"employees regarding issues that might be handled by others than from a board.\u00a0 Depending upon the board member, it is appropriate for you to offer a consulting fee for this time spent above the call of board duty.\u00a0 Any such informal contracting of service should always be preceded with an agreement between the CEO and board member as to the amount to charge and estimate of time to be spent before further agreement is necessary.<\/p>\n

Do you expect your board members to be more involved that this?\u00a0 <\/strong><\/p>\n

Have you discussed this during a board meeting?\u00a0 And would you want more from your chairperson?\u00a0\u00a0 How about asking a board member to spend time with one of your VP\u2019s or directors?\u00a0 All of these are great questions to clarify with your board.<\/p>\n

So, now we\u2019ve discussed the expectations that are the norms.\u00a0 It\u2019s your turn to make expectations clear and be sure there is agreement about these expectations.\u00a0 Good luck!<\/p>\n

Images created with DALL-e from prompts for this blog post.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Expect a board member to give a meeting a month, emails and phone calls between.\u00a0 Urgent issues require more of all. Of course this is a tricky question. You might expect the answer to be \u201cas much as necessary\u201d or … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[8,10],"tags":[],"class_list":["post-5622","post","type-post","status-publish","format-standard","hentry","category-depending-upon-others","category-surrounding-yourself-with-talent"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/posts\/5622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5622"}],"version-history":[{"count":0,"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/posts\/5622\/revisions"}],"wp:attachment":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}