Governance in private clubs can too often resemble what is seen on the evening news: factions, resentment, distrust, skepticism and cynicism. In good times, and especially in troubled times, sound governance is essential. Board Composition The starting point to sound governance is assembling a board
One thing is for certain, volunteers are passionate about the causes they support. Knowing that club members are volunteering their time on the board or as a committee member, that level of passion is taken to a whole different level. This heightened engagement and involvement
In our spring article, “The Nominating Process,” Dan and I debated the best structure for a private club Nominating Committee, noting that there is no single best structure for all clubs but that certain political considerations inherently may be the drivers. We subtitled the article
As I travel the country, I have the opportunity to observe many extraordinary club leaders and see many great clubs. One thing is always consistent with the strongest leaders and clubs: They are fiercely focused on understanding and implementing the industry’s best standards and practices.
“Effective nonprofit boards deliberate as many and govern as one,” according to noted governance expert Fred Laughlin. Unfortunately, many club boardrooms have become a reflection of the evening news marked with bickering, contempt and dysfunction. How can board leaders restore the levels of cooperation, deliberation
There are many structures and processes for Nominating Committees to leverage and no one is necessarily better or worse than the other, but there are best practices. Bob: Some clubs believe that the process needs to be very transparent and carefully avoid any sense of
In most private clubs, the Nominating Committee sets the future of the club. The Nominating Committee, the proverbial queen- or kingmaker, profoundly influences the tone and tenor of club governance. It is advisable that all understand the charter’s significance for the Nominating Committee because it
Our backgrounds have given us a unique perspective on club governance relative to how boards function in the corporate and non-profit worlds. We’re both CPAs who have spent considerable time in C-suite roles and as partners and board members of multiple corporate and tax-exempt entities.
As the coronavirus continues well into its second year of existence, businesses and individuals are making significant decisions to adjust to today’s sentiments and prepare for the future. These moves range from small (eating out) to large (moving to a less populated area). MOVING AROUND
The pandemic has shaped the way we behave as consumers and experts believe the effects may continue for many years. One example, as noted in the macro perspective, is that residential real estate sales are making headlines as consumers flock from large, populated cities to