The board recently held a meeting and follow up discussions following this where several board members expressed their wish to step down early due to other commitments and time constraints.
Due to this Jason, Jo and Ross have decided that they will not be continuing with their roles and look forward to working with a new board to successfully hand over the running of the space to those who have more time to commit to the space.
To ensure the space can continue to run the board have made the decision to call early elections and the arrangements to start this process have begun.
We urge anyone who wants to be involved in the running of the space to stand at these elections. the space needs a strong board in order to thrive and grow and without this we wouldn’t be able to exist in our current form and if you wish to have an informal chat about the role before considering standing please feel free to reach out to a board member.
What are the responsibilities of a board member ?
Do you run to be on the board, or run to be a specific role on the board?
It would be nice if someone (maybe the board members) could answer these questions? We have a lot of new members who probably don’t know how the board operates, so would reject any nomination if it came up.
apparently board is non functional
It’s not mobile friendly, but in that topic area is a bit more detail about what the board do.
The board are essentially responsible for the administrative aspects of the space, legal, financial, etc, the general running is a joint responsibility of the members.
The board only really intervene when authority needs to be sought, or there are wider implications from member activities that may, or may not, affect other members.
(have posted on telgram, posting here too for those who aren’t on telegram)
Had this article shared in the Farset Labs slack & though yous might like a read, particularly with the board elections ongoing - 7 Habits of Highly Effective Boards - The Startup CEO blog
"Some key insights I got from the article as a lovely tl;dr.
- Boards are responsible for creating significant, long-term impact. Weak boards lack the characteristics of great boards, provide mediocre or mismanaged advice, and lack accountability which results in long-term damage.
- Great board members understand the fundamentals. Key drivers, economics, competition and ecosystem of the company.
- Great board members bring perspectives that affect company direction. They can challenge business assumptions, and can provide history, context, advice and even potential consequences.
- Great board members can learn, listen and speak. Board members that can listen, learn and be direct without fear of expressing their opinions can have intellectually honest conversations.
- Boards take effort to build and maintain. Lead by example to build board habits by delivering pre-read materials, soliciting personal feedback after meetings, and showing them you are listening - eventually, they will, too."