Ep. 281: Governing for the public interest
Guest: Baldev Gill & Darin Germyn, Fraser Valley Real Estate Board
In his series “Better Boards for Better Communities,” Ken Haycock points out that not-for-profit boards of directors play a foundational role in the communities they serve.
Boards, he says, “help to define the strategic direction and purpose of the organizations they oversee.”
Recent changes in governance standards require almost the same degree of accountability for nonprofit boards as businesses, so it makes sense for nonprofit boards to be diverse and to take their responsibilities just as seriously.
It’s an important process and one we rarely get to see at work. The Fraser Valley Real Estate Board’s President, Darin Germyn, recently suggested a Conversation That Matters about some of the challenges his Board faces in changing its by-laws saying, “We are willing to spell out the challenges for all to consider”.
CEO Baldev Gill said, “We’re willing to be transparent and share the process of bringing our bylaws into line with current protocols.”
In this episode of Conversations That Matter, the CEO and Board President of the FVRB join Stu to dig into the process of changing a bylaw and why it matters to members and, most importantly, the public at large.
