trustees eletter vol15 no1 DOlapse

Don’t Let Your D&O Lapse!

Vol. 15 No. 1

Although private-independent schools rarely lack D&O insurance, it is prudent to be aware of your insurance’s cost, limits of coverage, policy specifics, retroactive date and exclusions—and, of course, its renewal deadline.

trustees eletter vol15 no1 planma

5 Strategic Planning Detours You Must Avoid

Vol. 15 No. 1

When in the process of strategic planning for your school, you want to continue the favorable growth of your school. In conducting this session, however, don’t allow the momentum of understandably favorable feelings to sidetrack your process from a truly strategic path.

trustees eletter vol14 no10 retreatplannin

Planning Your Annual Summer Board Retreat

Vol. 14 No. 10

Your Board of Trustees experiences little “down time,” constantly dealing with challenging issues, from Head evaluation and donor cultivation to crisis management and policy setting. The Board can easily lose sight of its primary responsibility—to uphold the essential character and integrity of the school, and to ensure that your school remains viable to serve the children of today’s students. The annual summer Board retreat provides time for a devoted effort for planning.

To make your current process more effective, ask and answer the following nine key questions to guide your thinking.

trustees eletter Vol14 No9 financial crisis

How to Prepare for a Financial Crisis

Vol. 14 No. 9

Considering our fragile national economy, it’s prudent to include a financial contingency plan for your school’s worst-case scenario in your strategic planning documents. While each school’s particular situation determines the plan’s specific details, there are common characteristics each private school should include. As Board President, charge an ad hoc committee to craft your plan. ISM suggests the following example for inclusion in your document.

trustees eletter Vol14 No9 vouchers

School Choice Programs in Private Schools

Vol. 14 No. 9

In a previous issue of The Source for Trustees, we discussed the caveats of private school vouchers. Further research supports ISM’s position—that private schools should not look to government vouchers to balance their budgets or address enrollment issues.

trustees eletter Vol14 No8 graduatesaction minutes

How to Write Great Action Minutes

Vol. 14 No. 8

Action minutes are a good habit to get into not only for Board sessions, but for all kinds of meetings—committee, management, faculty. Effective action minutes serve as a “to do” list. They define the task and who will carry it out, set a deadline, and include any pertinent suggestions for strategy—without stifling the individual’s or committee’s initiative. Consider the impact an action minute has in the following situations.

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