While governing boards need to be open to input and recommendations from their college, foundation, or system’s stakeholders, they must also discern between what’s appropriate and what could compromise their independence and their institution’s mission and integrity.
That’s especially important these days, as political polarization is increasingly creating challenges for board members in fulfilling their fiduciary duties of loyalty, obedience, and care. AGB released a Board of Directors’ Statement on Influences Impacting Governing Board Independence and Leadership in late 2023 to guide boards in the governance of their colleges, foundations, and systems; inform them of their roles and responsibilities; and clarify their relationships with those involved in the governance process.
In part one of this two-part podcast, AGB Interim President and CEO Ellen Chaffee speaks with two people who serve as AGB senior consultants and senior fellows: Jill Derby, who previously was chair of the Nevada Board of Regents and is the current chair of the American University of Iraq in Kurdistan, and David Maxwell, president emeritus of Drake University and board member and former board chair at Grinnell College.
Ellen, Jill, and David will explore the challenges faced by governing boards in upholding their fiduciary duty amid increasing external pressures, as well as highlight the importance of maintaining board independence and protecting institutions from any undue influences.
New Overtime Regulations - What Boards Need to Know
FAFSA Delays: What Boards Need to Know
Board Independence Under Fire: Part II
Higher Education Risk Governance in an Increasingly Complex, Expansive, and Regulated Environment
What Boards Need to Know about the Federal Budget
Reflections from a Foundation Leader
The Board Professional Certificate Program
Navigating Communication and Cultural Challenges on Campus: Insights for College and University Leaders
Intercollegiate Athletics: What Boards Need to Know
Diversification: A Strategic Response to Enrollment Shifts
Navigating the ESG Landscape in 2023 and Beyond
Higher Education and Democracy: A Call to Action for Governing Boards
Enrollment Strategies for Boards
What Boards Need to Know about Real Estate Optimization: Driving Stronger Performance in Higher Education
Campus Activism and Protests: How to Use the Summer Holidays to Prepare
Endowment Management for Higher Education
Board Leadership in Uncertain Times
Cyber Risk Oversight for Higher Education Boards
The Essential Partnership between Foundations and Institutions
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