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Board Orientation Checklist

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Items to Include:

The board should establish in policy the elements of new director orientation, the person/officer charged with providing/coordinating it and a deadline following appointment to the board by which it shall have been completed.

The following is a suggested list of elements for a new director orientation:
  • Review articles of incorporation, bylaws, board policies including personnel policies
  • Review strategic plan, including strategic (market) and internal strengths and weaknesses assessment with opportunity to ask questions of CEO
  • Review current budget and recent financial statements with opportunity to ask questions of CEO or CFO
  • Most recent audit
  • Tour of operations
  • Review of minutes of board meetings for the past year
  • Review of committee charters
  • Meetings with CEO, CFO and other members of top management as appropriate
  • Review of due diligence reports on recent investments
  • Strategic plans and financial statements of any subsidiaries
  • Review of trend data on operations (e.g. Balanced Scorecard) used by the board to evaluate performance
  • Review of most recent evaluation completed on CEO performance
  • Review of any external assessments of the organization, e.g. audits, review by funding agencies, consultant reports, regulatory or certification reviews
  • Briefings on any pending legal matters that pose a potential liability
  • Review of any available recent customer satisfaction data
This is not intended as a definitive or exhaustive list but rather food for thought as you develop your own requirements to bring new directors up to speed.

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