Leadership

Governance and Board Development

Praxis works with senior executives and board leaders of both corporate and non-profit organizations to design governance structures that meet the needs of each organization as it evolves.

We bring our knowledge of best practices in governance to each of our client engagements. In addition, we provide board development services to educate board members about their roles and responsibilities and to ensure they are prepared to understand financial statements so that they can effectively carry out their fiduciary duties.

Our consultants assist organizations in:

  • Designing board structures and membership composition in the context of the organization’s development and goals
  • Providing information about best practices in governance
  • Definining board roles & responsibilities and articulating board committee responsibilities
  • Distinguishing Board and Staff responsibilities
  • Clarifying the legal and fiduciary responsibilities of the Board
  • Articulating desirable characteristics and criteria for selecting new Board members
  • Developing an effective process for orienting new Board members
  • Providing financial literacy training for Board members on how to read and understand financial statements