Characteristics of today’s high performing boards

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Catalytic questions encourage dynamic dialog and critical thinking, and better thinking leads to a higher-performing organization, says Cathy Trower, Ph.D., president of Trower & Trower, Inc., Weare, N.H., and author of The Practitioner’s Guide to Governance as Leadership: Building High Performing Nonprofit Boards.Outstanding dialog and thinking are important, Trower says, because the CU industry is primed for disruption. “So much is changing, and financial institutions are facing new challenges daily. Boards must be ready to face an ever-shifting, complex environment,” including not only the financial services and fintech marketplaces, but also the credit union’s own internal culture.According to Trower, the good thinking done by the highest performing boards comes in part from having members with diverse views.“Today’s board is about partnering and leadership,” she says. “It’s debating the tough stuff (not the details). And it is not rubber-stamping management’s decisions. The ultimate board is a high-performance team of inspiring, inquisitive, and knowledgeable leaders. continue reading »last_img

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