Toast Presidency and The Board

[jathanas]

Thank you 76woodenspooners

One of BigFooty’s all-time-favourite posters, Reykjavik , was all across the board level stuff. He once posted a list of the responsibilities of a Not-For-Profit board like that of Collingwood …

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NFP board responsibilities
Specific responsibilities of a not-for-profit (NFP) board include:

• Driving the strategic direction of the organisation
• Working with the CEO to enable the organisation to obtain the resources, funds and personnel necessary to implement the organisation's strategic objectives
• Implementing, maintaining and (as necessary) refining a system of good governance that is appropriate for the organisation
• Reviewing reports and monitoring the performance of the organisation
• Regularly reviewing the board's structure and composition, so that these are appropriate for the organisation
• Appointing – and managing the performance of – a suitable CEO
• Succession planning for the CEO

While the above points are also applicable to for-profit boards, NFP boards also face a unique range of issues, such as:

• Difficulties in defining and measuring organisational effectiveness
• Transgression of role boundaries
• The negative impact of the structural compositions of some NFP boards, including those arising from representative models
• Funding dependencies and constraints

In practice, the role of the board is to supervise an organisation's business in two broad areas:

1. Overall business performance - ensuring the organisation develops and implements strategies and supporting policies to enable it to fulfill the objectives set out in the organisation's constitution. The board delegates the day to day management of the organisation but remains accountable to the shareholders for the organisation's performance. The board monitors and supports management in an on-going way.
2. Overall compliance performance - ensuring the organisation develops and implements systems to enable it to comply with its legal and policy obligations (complying with statutes such as the Corporations Act 2001, adhering to accounting standards) and ensure the organisation's assets are protected through appropriate risk management.

http://www.companydirectors.com.au/...ctor/NFP-governance/The-role-of-the-NFP-board

Link to original post …

Side by Side with Reykjavik - RIP (re-read Rey's message to us all #108, pg 5)

Reyk, I'm ridiculously happy to see you posting! :)

www.bigfooty.com

 

[HFF]

So Browne is against an EGM too. Hately wasted his time.

Did he?
Browne Holds all the cards
Korda and co step aside or they’re going to an EGM where I can’t see how Korda and the current board can win.

It’s tipped in Jeff’s favour from all angles
Now it’s up to Korda whether he will hand it over or force an EGM

 

[HeadInTheSand]

Have you read it Dave? It's paywalled behind the hun.

Jeff Browne declares his intention to become president of Collingwood and lead the board
After months of speculation, Jeff Browne has declared there needs to be changes at the top at Collingwood. He tells Michael Warner about what he plans to do next.

Michael Warner
Exclusive

2 min read
June 1, 2021 - 7:00PM
News Corp Australia Sports Newsroom


EX-Channel 9 boss Jeff Browne has declared his intention to take over the presidency of the Collingwood Football Club.

Speaking for the first time publicly about his bid to claim the top job at the Holden Centre, Browne, 66, said it was time for a “revitalised” direction at Australia’s most famous sporting club.

But in an attempt to avoid a bloody extraordinary general meeting, Browne last night told the Herald Sun he will first approach sitting Pies president Mark Korda to negotiate a peaceful handover.

Browne’s ticket will demand four of the club’s seven board seats and allow three current directors to stay.

“Collingwood is a great club and strong and united leadership is critical if we are to move beyond our current malaise,” Browne said.
“There is a growing wave of support from members for change and this change must begin with a refresh at board level.”

Should Browne’s takeover bid be rejected, his rebel group will sit back and wait for a group of members to force a spill of the board at an EGM.
“I am prepared to negotiate in good faith, which three members of the current board of directors are most suitable to contribute to a reconstituted board and some continuity of operational knowledge is desirable,” Browne said.

“The four new positions would include myself and three other high-quality candidates chosen specifically to provide the best overall mix and blend of skills and diversity. I would seek the endorsement of the new board to become the chairman and president.”

Collingwood coach Nathan Buckley with former president Eddie McGuire. Picture: AAP
Browne said he had recently met with Korda seeking a position on the board, but the offer was rejected.
“In an effort to achieve change in the least disruptive manner, I intend to speak again with Mark Korda, to seek an immediate four vacancies on the board,” he said.


There's a little more after that, but not relevant.

 

[Doc1763]

So Browne is against an EGM too. Hately wasted his time.

Probably. Maybe it brought Browne's announcement forward.

 

[jmac70]

Did he?
Browne Holds all the cards
Korda and co step aside or they’re going to an EGM where I can’t see how Korda and the current board can win.

It’s tipped in Jeff’s favour from all angles
Now it’s up to Korda whether he will hand it over or force an EGM

Are you suggesting Hately acted on behalf of Browne?

 

[manicmagpie]

So Browne is against an EGM too. Hately wasted his time.

Not really. It’s pretty handy leverage for Browne.

 

[jmac70]

Not really. It’s pretty handy leverage for Browne.

So Hately is in Browne’s pocket?

 

[Aussie pie]

Burn baby burn. Viva la revolution.

 

[jmac70]

Burn baby burn. Viva la revolution.

What revolution?
Browne is no different.

 

[Harry O]

The EGM petition was a clear signal to the current board that the rank and file were not happy and wanted change
At the worst, it might awaken them from their slumber of complacency

 

[frizzle]

So who are the other 3 potential board members he is bringing along for the ride?

 

[HFF]

What revolution?
Browne is no different.

How do you know he is no different?
You’re so opposed to change it’s not funny from the coaching position to the board
It’s like you’re petrified to try something new because this is all you have known your entire life

 

[anshell]

He’s 66 and an old mate if Eddie’s,not exactly a revolution in the making,To be honest I would rather see a new,younger generation of leaders take over the club and move it forward.

 

[TheGreatGrundy]

What revolution?
Browne is no different.

Does he want to get rid of Buckley?

 

[Carringbush2010]

The EGM petition was a clear signal to the current board that the rank and file were not happy and wanted change
At the worst, it might awaken them from their slumber of complacency

This is what I've been stating all along, just the threat of an egm should alert the incumbent board and president that the members / fan base are not happy.

We just want some transparency and solid honesty and direction of what the club intends to do moving forward to dig ourselves of the current malaise.

 

[WalterBlaknWhte]

Bring it on

We’ve become stale and losing relevance

Hope Browne has some talented directors in the wings

Bloodless coup or bloody victory at EGM - time for some ‘creative destruction’ to move forward

 

[Chameleon75]

For the good of the club Korda should call an EGM, step aside and have Murphy stand against Browne.

 

[Chameleon75]

Does he want to get rid of Buckley?

Craig Kelly backs him, what do you think?

 

[The Royal Sampler]

Not really. It’s pretty handy leverage for Browne.

This. Browne would be pretty toothless until the next AGM without the legitimate threat of an EGM.

One might imagine Hatley could be convinced not to spill the board if Browne gets in, four seats are turned over and the board is relatively settled.

 

[Jonno94]

Does he want to get rid of Buckley?

With strong connections to Eddie and Kelly, it doesn't seem like it.

 

[TheGreatGrundy]

Craig Kelly backs him, what do you think?

To be honest, I don't know,

 

[Scodog10]

Does he want to get rid of Buckley?

That’s all that really matters in this because operationally nothing else will change from a member perspective.

 

[jmac70]

How do you know he is no different?
You’re so opposed to change it’s not funny from the coaching position to the board
It’s like you’re petrified to try something new because this is all you have known your entire life

I’m not opposed to change and haven’t decided who I will vote for. I’ll wait to see the alternative first.
Browne is a corporate suit, just like Korda, just like Ed. A lot like Ed in fact.
How will you feel if Browne wants to keep Bucks?

 

[WalterBlaknWhte]

For the good of the club Korda should call an EGM, step aside and have Murphy stand against Browne.

like it

2 well-articulated agenda

best strategy and people brought in

the Kordanator hasn’t impressed - speaks like... a receiver

 

[Matrix10]

So who are the other 3 potential board members he is bringing along for the ride?

Humphrey B Bear, Ronald McDonald , Bozo the Clown. Dickie Knee. I will still vote Browne ticket

 

[Moore of the Same]

Arrivederci Korda. It's been real.