Due Diligence is one of those pieces of jargon that nobody perfectly understands, and everybody jams into discussions when they mean something else entirely. So what does it actually mean and how should you use for your board?
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Responsibility comes in a few forms, but primarily it boils down to a combination of accountability, fairness, and duty...
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#meetings#boardgovernance
Somewhat uncommon in larger nonprofit organisations, a cooperative board is one where all members make consensual decisions as equals.
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Corporate governance is a complex beast. Even those of us who have built their careers in fields where governance is a necessity might not fully understand everything it encompasses.
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#meetings#boardgovernance