Peter Browning Partners explains how to structure a board by reviewing meeting schedules, committee types, board size, composition, and recruitment processes. Every board is different, so what works elsewhere may not fit yours. A third-party advisor who has seen many boards can help identify what changes might help.
I think it's important to remember that no 2 boards are the same. So if you've seen one board, you've seen one board. And again, there are no set, specific set of best practices. There are many, many good practices. So it's taking the time to step back and understand what others are doing, And is that something that would fit this board's practice or not? So it's everything from schedule, the numbers of committees, the size of the board, when you meet, where you meet, the mix within the board, the process you have for looking for new board members. Very important, critical issues. And so the benefit of a third party that's been there and seen a broad cross-section of practice is helpful for a board in considering what might be different and helpful for them, or just reaffirms the fact that, hey, I like what we're doing.
