Session 7 of 20

Board of directors and other advisor

 

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Learn the difference between a Board of Advisors and a Board of Directors and what roles they play in running a business. Real-life examples of governance best practices are offered that will explore the legal requirements of different structures and the consequences of board decisions.

The resources below offer a foundation upon which you can build your knowledge and skills in these areas.

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Reference material


 

Building Effective Boards

Learn the difference between a board of advisors and a board of directors and what roles they play in running …

Governance-9

 

Canada’s governance structures

In Canada, the“business” of the country is carried out by three sectors: the state, for-profit organizations, and non-profit organizations (NPOs). Each sector has its members—those to whom the organization reports and to whom it is responsible for achieving its goals.

Governance-15-300x200

 

Good governance—An introduction

As an organization grows, it will require some form of a board of governors, directors, or advisors to provide oversight and advice. In other words, it will need good governance.

Governance-11

 

Different board models for different ventures

When establishing your board, see the details in the corporation’s bylaws regarding numbers, officers, positioning of the business leader and board leader, frequency of meetings, and other numerous requirements.


Additional learning tools

Additional learning tools

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