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In Trust newsletter logo May 31, 2013

Two strategies for improving your board’s fiduciary behavior

GlassesOnce upon a time, minding your board’s fiduciary P’s and Q’s consisted of dotting organizational I’s and crossing legal T’s and little more. But no longer. Or so say the members of an august panel of governance veterans featured in the March/April 2013 issue of Trusteeship magazine. As they tell it, fiduciary stewardship stretches well beyond the board’s attention to the bottom line.

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You're probably making this mistake

Have you heard (or even uttered) these statements during meetings?

  • It would be great if…
  • Someone should…
  • Do we all agree to…?
  • Can you try to…?
  • The chair would like...

Repeat after me: No more weasel words.


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  • Allocating scarce resources.
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  • Planning based on strategic assessments, not wishful thinking.
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