XM Board of Directors Development
Contents
Board of Directors
Potential Candidates
Criteria for Selection
- Open Culture + Personal Rapport
- Entrepreneurial Spirit - track record of enterprise savvy
- Thought Leadership - cultural creator of internet-scale phenomena
- Connectedness - access to leaders in multidisciplinary areas
- Access to funding sources - for accelerating the development of OSE. $10M+ net worth preferred.
Tier I
- Wendell Berry - poet for the Economy of Affection
- Mark Shuttleworth - clear open source culture shown by founding Shuttleworth Foundation
- Mark Surman - Thought leader on open collaboration
- Yochai Benkler - Thought leader on open culture
- Jimmy Wales - Funded Wikipedia via a porn site
- Elon Musk - Yes, but where's the open culture?
Tier II
- Jeremy Heimans - movement entrepreneur, interested in systems change
- Bryan Stevenson - ethical leader; solution to poverty is justice; connect to practical training
Tier III
- Elon Musk - Yes, but where's the open culture?
Board of Directors - Technical Development
Board Composition and Structure
How many members are on your board of directors?
How many minority members are on your board?
Does board composition mirror your constituency?
- Is a prominent company within a relevant industry represented?
- Do you have someone with experience in finance from a prominent company on your board?
- Is a prominent media outlet represented on your board?
- Do you have a prominent attorney on your board?
- Do you have a prominent educator on your board?
- Do you have a prominent CPA on your board?
- Do you have a prominent Realtor on your board?
- Do you have a good community volunteer on your board?
- Do you have members of your board who are knowledgeable about the arts?
- Do all of the members of your board hold one of the top three positions in their companies' operations?
- Is a substantial majority of your board membership active in their business or profession?
- Are the following functions handled by standing committees of your board?
- Public Relations/Publicity
- Finance
- Budget
- By-Laws
- Nominations
- Programs
- Marketing
- Operations/Education
- Strategic Planning
- Does each of your committees have a chairperson?
- Does your board also have the following officers:
- Chairperson or President
- President Elect or Chairperson Electo
- Vice Chairperson or Vice President
- Treasurer
- Secretary
- In your estimation, does your board consist of the right number of members?
- Do your by-laws provide for the rotating of board members on a scheduled basis?
- Do your by-laws provide for the rotating of officers of the board on a scheduled basis?
Remember to Make Use of Board Influences
- Does every member of your board make a financial contribution?
- Does every company represented on your board make a financial contribution?
- Is every member of your board asked to assist in fundraising?
- Is every member of your board assigned to at least one of the following fundraising functions: cultivation, solicitation, rating of rospects, promotion and publicity or research?
- Has every member of your board submitted a written endorsement of the organization, or one of the programming aspects?
- Does every company represented on your board sponsor the organization, or one of the programming aspects?
- Has every member of your board whose company has its own newsletter or form of publicity, run a story on your organization in the past three ears?
- Has every member of your board made at least one cultivation call during the past year on one of your principle contributors or on a new prospect?
- Has every member of your board attended at least one program or function of the organization during the past year?
- Do you have a board speaker's bureau?
- Do you issue a press release every time a new board member is elected?
- Do you issue a press release listing the entire board and officers after each annual meeting?
- Do you have formal "thank you" or awards presentations for outgoing officers?
- Has the spouse of every board member been invited to at least one organizational function in the past year?
- If a public relations committee exists, how often does it meet?