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Tag: policy governance

Don’t Allow Yourself to Get Caught in the “Policy Governance” Trap

April 10, 2018 0 Comments

A year or so ago, I got a call from a transit CEO desperate for help.  The year before, he explained, his board had adopted a “policy governance manual,” spelling out the roles and responsibilities of the board and CEO and making clear the limits on both board and executive authority.  For example, the manual specified that the CEO could sign consulting services contracts up to a maximum of $25,000, above which board approval was required, that the CEO was responsible for preparing the annual operating plan and budget, while the board was responsible for reviewing and adopting the plan … Read the rest

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