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The “At What Cost” Question

The “At What Cost” Question

When boards – and specifically not for profit boards, are developing their Ends, they will determine who the beneficiaries are and what benefits will result for these beneficiaries. The third part of this process is determining whether or not it’s worth the cost of...
Motor Home or Winter Vacation:  Opportunity Cost

Motor Home or Winter Vacation: Opportunity Cost

When a board develops its ends as it implements the Policy Governance® model, it considers three components. These components include: (1) how will people be better off, (2) which people will be better off and (3) what is it worth to produce these results. One of the...

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