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CEO Leadership on the Governance Front: Reflections on an Emerging New Model
This is how the chief executive officer of a large, urban public transit system responded to my question about engaging his board in the annual budget preparation process in a one-on interview kicking off a board development project a decade ago.
“What’s the process for engaging my board members in shaping the annual budget document before taking action on it? I’m not sure what you mean by that question. As CEO, I’m accountable for getting a complete, carefully prepared budget to the board at least six weeks before the end of the fiscal year. My board’s accountable for doing a … Read the rest
On the Eve of Independence Day
The following essay is excerpted from a post that originally appeared in this blog some four years ago. On the eve of our 2020 Independence Day celebration, I think it is appropriate to reflect on the meaning of this national holiday. Of course, the Fourth of July is intended to celebrate the declaration of a new, independent nation in 1776. But it is also intended to celebrate the millions of immigrants from myriad countries who have enriched and strengthened American society in so many wonderful ways over the last 250-some years. The great majority of we Americans are descended from … Read the rest
The Prohibitive Cost of a Weak Board-CEO Partnership
Dave Stackrow and I are pleased to tell you that our forthcoming book, Building a Solid Board-CEO Partnership: A Practical Guidebook for Transit Board Members, CEOs, and CEO-Aspirants, has gone to press. It should hit the streets in late March 2019. The following fifth and final excerpt from our book talks about the high cost a transit authority will pay for letting the partnership between its board and CEO remain weak or deteriorate.
Your transit authority can expect to pay a high price for failing to develop a close, positive board-CEO partnership or for allowing it to deteriorate. For … Read the rest
Governing Isn’t a Piece of Cake
As our most of you know, Dave Stackrow and I are writing a book, “Becoming Your Board’s Chief Governing Partner: a Practical Guidebook for Transit CEOs and CEO-Aspirants.” So you have a sense of where we’re headed with our book, we’d like to share our discussion in Chapter One of the challenges that can make developing your transit board into a really high-impact governing body a daunting endeavor. Let us know what you think. Are we headed in the right direction?
Transforming your public transit board into a really high-performing, high-impact governing body and building and maintaining a solid board-CEO … Read the rest
Discussing Board Committees at APTA’s Transit Board Members Seminar on July 24
It was a distinct privilege and pleasure teaming up with Dave Stackrow in presenting our “Building a Rock-Solid Transit Board-CEO Partnership” program on July 24 in Chicago at APTA’s Transit Board Members and Board Support Seminar. You no doubt know that Dave chairs APTA’s Transit Board Members Committee and serves on the Executive Committee. He is also the long-time Chair of the Board of the Capital District Transportation Authority (Albany, New York), where we first worked together on a board development project almost 15 years ago. Dave and I couldn’t have been more pleased by the participants in our session, … Read the rest
Communication is Key
I would like to thank Doug Eadie for taking the initiative to create this blog for public transportation CEOs and GMs to exchange ideas and information. Having this valuable dialogue will enhance our ability to network with each other and share best practices. The key to a transit authority’s success is having a collaborative working relationship between the CEO/GM and board of directors. We must also commit to board development.
I am honored to be part of this distinguished advisory group and look forward to sharing insights as a guest contributor to the Board Savvy Transit CEO blog.
… Read the rest
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