Compliance & Risk Management Training: Key Considerations
One of the most important components of an association CEO/COO/CFO’s demanding role involves serving as a day-to-day conduit to the board. Boards comprised solely of volunteers sometimes don’t receive the comprehensive training needed to perform successfully. Too often, volunteer board directors don’t understand the full spectrum of fiduciary, contractual and legal duties associated with their role, or the risks and responsibilities involved when a perceived or actual conflict of interest arises. As a CEO/COO/CFO, what steps can be taken to avoid these potentially critical issues?
- Learn how to better equip board members for success in their roles through training and communication.
- Learn how to educate volunteer board members to understand their fiduciary, contractual and legal duties associated with their role
- Understand what steps can be taken as a C-Level executive to avoid potential critical issues around board governance.