article thumbnail

Nygina Mills on the Role of Compliance in Risk Management in Building Resilient Businesses

The Startup Magazine

Corporate governance expert Nygina Mills discusses the critical role of compliance in building resilient businesses that can withstand regulatory and market changes. For example, the finance sector has seen a significant increase in regulatory technology to support compliance efforts.

article thumbnail

Assessing Board Performance: Best Practices for Community Banks

Board Effect

Some experienced board members may have served on boards that didn’t necessarily focus on good governance. Some board members may not fully understand the importance of board self-evaluations concerning good governance practices; others may needlessly feel threatened by the process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Top 10 Healthcare Governance Challenges and Trends for 2019

Board Effect

Governance is evolving in many respects and the changes are placing their mark on virtually every organization and industry. Healthcare is certainly one of those sectors where vast changes in delivery and payment are also generating strong transformations in the governance of healthcare organizations. The Strength of Board Oversight.

article thumbnail

Improving Board Education for Nonprofits

Board Effect

It’s not uncommon for nonprofit board members to have little or no knowledge or experience in governance matters. Best practices for nonprofit boards suggest that boards should have regular training opportunities to improve their leadership capabilities and to protect themselves and their organizations from liability issues.

article thumbnail

Nonprofit Board Committee Structure

Board Effect

As lead board director and meeting facilitator, board chairs also work closely with governance committees on recruiting board members. Vice-chairs or vice-presidents are also a vital part of the leadership team. Secretaries also ensure compliance with government laws and the organization’s bylaws.

article thumbnail

15 Strategic Questions for Volunteer Boards to Ask

Board Effect

Keeping pace with trends affecting governance requires change even in the best of times. They also want to learn more about your finances and decision-making process before they determine how much support they’re willing to lend. Your stakeholders are interested in knowing more about your mission, activities, and accomplishments.

article thumbnail

WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear: Startups and Marketing for Geeks

This week we closed $250M in financing from Silver Lake , the premier technology private equity firm. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. Every day, 5% of the entire online world visits a customer running on the WP Engine Digital Experience Platform.

Engineer 152