Hi - sorry to be confusing on the discussion about Governance structures on today's call... What I was trying to express is that, in my view, for associations like this there are at least two 'masters' of board members: the organization and the members These responsibilities can be divided into 'fiduciary' and 'financial' (yes, financial is a sub-set of fiduciary, but bear with me) - Fiduciary responsibility being making decisions and taking action for the 'correct and right' running of the organization. Overseeing according to the mandate, deciding in the interests of the org, being a solid representative of the membership as described in the mandate of the org. - Financial responsibility - responsibility for sound financial management, securing revenue to cover expenses, (partially) delivering sufficient member value for member dues paid These are interlinked by necessity - the bit that separates a membership-funded organization from a commercial enterprise is that there are no 'owners' or 'shareholders'. *Andrew Hughes *CISM CISSP Independent Consultant *In Turn Information Management Consulting* o +1 650.209.7542 m +1 250.888.9474 1249 Palmer Road, Victoria, BC V8P 2H8 AndrewHughes3000@gmail.com ca.linkedin.com/pub/andrew-hughes/a/58/682/ *Identity Management | IT Governance | Information Security *
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Andrew Hughes