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May 13, 2008

Most CEOs Think Board Members Stink

According to the NonProfit Times, "Most CEOs think Board Members stink".

The article in the Times notes that according to an Urban Institute study, "some 62% of the chief executive officers say their boards do a fair or poor job raising revenue and 60% assign similar marks for boards' self examination.  And, more than 1/4 of CEOs rate their boards as fair or poor when it comes to evaluating the CEO, planning, monitoring programs and services, dealing with the community, and educating the public about the organization.  Finally, ...the only area in which a majority of CEOs rate their boards as excellent was respecting board-staff boundaries while just 1/2 say their boards are doing an excellent job of financial oversight."

And if any of this comes as a surprise, I want to meet your board.

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