Board / Management role clarity

Role Clarity is Critical – Boards and management must clearly understand their respective responsibilities, though in practice the line can be thin and shift with circumstances.
Delegation and Authority – Boards set strategic parameters and delegate authority to management while retaining ultimate responsibility for mission, assets, and performance.
Dynamic Engagement – The level of board involvement may fluctuate depending on crises, challenges, or gaps in leadership, but the principle is to do what is necessary, not everything.
Key Principles for Governance – Boards are the ultimate authority, establish strategy boundaries, monitor risk, leave room for initiative, and include management in decisions about delegation.
Strong Foundation Supports Flexibility – A healthy board-management partnership built on trust, understanding, respect, mutual accountability, and love enables smoother role negotiation, collaboration, and forgiveness when boundaries are crossed.