Preparing a board work plan is a straightforward process. The board chair, in consultation with management, should determine what key decisions the board will make during the year and when they must be made.
The board’s written mandate or charter, together with the organization’s strategic plan, should be translated into a work plan for the board. This will ensure that he board carries out all the responsibilities and duties outlined in the mandate and remains focused on the organization’s outcomes.
Preparing a board work plan is a straightforward process. The board chair, in consultation with management, should determine what key decisions the board will make during the year and when they must be made. These decisions should be allocated to a board meeting schedule based on the organization’s fiscal year. The work plan should also identify the board’s information requirements for each item and identify who should be accountable for providing the board with that information. The board may consider to consolidate responsibilities of a similar nature.
The board typically makes the following non-recurring decisions when needed:
Hires the chief executive (this is the boards most important decision);
So, depending on the urgency, these items can be placed into the work plan as required
The board typically makes the following decisions annually:
The board may assign work to a committee:
A board work plan and schedule are needed to assure the board’s work is accomplished. The work plan and schedule are used to prepare the board and committee meeting agendas, and provide a baseline for the board to measure and evaluate its performance.