Duty of care. Duty of loyalty. Duty of obedience. These are just three areas which board members should be aware of and understand when they accept a position as a trustee of a higher education institution.
Unfortunately, many board members / trustees do not fully understand their duties and responsibilities, or, in some extreme cases, what are the key issues that education faces. Sometimes, they think their role is to be more hands-on than it actually is, and this creates friction between the university’s leadership and the board.
Boards are responsible for university governance, which means five things:
- Developing and/or approving the strategic plan
- Setting/approving policy
- Approving the budget
- Assessing risk
- Hiring and evaluating the University CEO.
Nowhere in this the job description does it say you are responsible for operations (also known as micromanaging). But it does say that you need to understand the industry and its key challenges to help you properly position (or even save) your institution.
TCL can help. We’ve been on and worked with multiple boards, and can help you to gain a better understanding of board roles and responsibilities, how to work better with one another and the leadership team, and get focused on what is important for your institution so that you can truly lead.
It all starts at the top. As a board member, you set the tone for the institution. Are you in harmony, or off key? Take a quick survey to find out Or if you’d like to jump in head first, please fill out your email address here for a free 30-minute consultation with The Change Leader.[/vc_column_text][/vc_column][/vc_row]