The Imperfect Board Member

Getting Everyone on the Same Page

from page 157 of the 20th Anniversary Edition

A model leadership covenant to help ensure that everyone at the board table is aware of and committed to the expectations of all board members.

Leadership Covenant

We, the Board Members and CEO of [organization name], accept our individual and collective duty to lead unselfishly. We earnestly commit to:

  • Serve the ownership of our organization by making decisions that best serve the interests of the ownership as a whole—all of the shareholders.
  • Prepare and participate in order to add value to the organization at all board meetings and functions.
  • Expose all perspectives by courageously sharing alternative ideas and engaging in unfiltered debate around issues, opportunities, and decisions to be made.
  • Honor each other around the table and outside of meetings, appreciating the value that each other’s experience and perspective bring to our leadership responsibility.
  • Speak with one voice outside of our meetings so that our staff, our shareholders, and the public receive a clear, consistent, honest message that honors our organization.
  • Respect confidentiality of any information learned during the course of our duty until the board determines to make such information public.
  • Avoid conflicts of interest by informing the board whenever there is the possibility of perceived conflict and abstaining from discussion and decision-making if warranted.
  • Uphold commitments by supporting and acting on the plans and policies set by the board and fulfilling the tasks and duties assigned in our roles.
  • Seek excellence by investing in personal and corporate development and humbly receiving corrective feedback from each other.

In witness of this covenant, we each sign on this day, [date].

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