Move your Board up the performance curve

By Lana J. Furr and Richard M. Furr, Ph.D.
Furr Resources, Inc.


The new reality of the board room has dawned for boards. Directors are familiar with Sarbanes-Oxley’s major tenets and even some astute nonprofit boards are re-tooling to conform to similar standards of independence, accountability and transparency. Potential directors have sharply increased their due diligence before accepting a new board seat. Others have resigned from boards where confidence was shaky. Attendance at director conferences and seminars around the country has grown substantially in the last four years with directors learning more about regulatory requirements, compliance and risk management.

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