Create standard board committees
We've been advised that it's standard for non-profit boards to have the following committees:
- Executive - a subset of the board which meets more frequently. Has the power to act on the board's behalf, to address issues at short notice.
- Compensation - we already have this one.
- Nomination - identifies and recruits board members, with a view to overall board development. Should ideally be informed by and involved in board self-assessment exercises. Should typically include the chair.
- Governance
- works to ensure that the board is operating effectively and meeting its key requirements, including fiduciary requirements
- monitors the operations of the board, looks out for problems
- manages and plans board development
The executive committee is more or less what @ramcq, @nmcgovern and myself have been doing - that's something we should formalise.
Given that we're a board of 7 and that resources are somewhat limited, we could merge some of these committees. For example, we could have an "executive and governance committee" and a "compensation and nomination committee".
Edited by Allan Day