Your Board’s committee structure, far from set in stone, should be flexible and emanate from the school’s quadrennial strategic plan. Some committees—such as the Finance Committee—will always have tasks to accomplish. The strategic concept, however, is that there are few standing committees in the old sense of being listed in bylaws as necessarily in operation indefinitely, with a permanent set of responsibilities listed in the bylaws committee-by-committee. The extreme codification of Board structure is a poor fit for ISM’s “strategic Board” concept, in which most Board committees’ tasks are delineated annually and, as a rule, have their antecedents in the school’s strategic plan.