Within the Policy Governance® model, a board delegates authority to the executive (General Manager, CEO, Executive Director, etc) through written policies. The executive then uses written reports to demonstrate accountability for the use of that authority. These monitoring reports are an important and primary component of the board’s evaluation of the executive; knowing what to include and what to look for can help the executive and board members create a highly effective and user-friendly system.
This discussion guide is meant to accompany the process for setting General Manager Compensation as set forth in documents in the Columinate library. Please discuss this process with your CBLD consultant to find an approach that works for your cooperative. This process is based on the CBLD Policy Template C2 - The Board’s Job. If your board has a different policy, be sure to follow the policy you have.
This discussion and process guide is meant to accompany other documents related to General Manager evaluation in the Columinate library. Please reference these documents, and confer with your CBLD consultant where appropriate to devise a system that works for your cooperative. This process is based on the CBLD Policy Template D4 - Evaluating the GM. If your board has a different policy, be sure to follow the policy you have.