Course blog for American University PERF-570, Fall 2014
Duties, responsibilities, and operations of boards is the sort of stuff I get really excited about. Yeah, I’m that guy.
BUT – the terror of being on a board that has to make hugely controversial decisions that fly in the face of the mission and established philosophies for existence, to help ensure the survival of the organization is the sort of thing that might give me a nightmare. I’ve been on boards that have made what we felt were “grave” decisions, but in reality, they were nothing compared to the enormity of decisions made by museums outlined in this article from the Washington Post.
Although Detroit’s solution is obviously preferred, having access to nearly $1B in pledges is otherwise unheard of. Everyone else truly is between a rock and a hard place.