Title

Board Composition And Cvb Effectiveness: Engaging Stakeholders That Can Matter

Keywords

Board of Directors; Motivation (psychology); Selection; Stakeholder analysis; Stakeholders; United States of America

Abstract

Identifying, attracting, and maintaining the engagement of the right composition of people for a non-profit Board is a major challenge. Executives should ensure that their Boards accurately represent the stakeholders that matter, both from industry and the community. The purpose of this paper is to describe ways and offer propositions for effective non-profit executives to identify, recruit, and motivate the continuing engagement of the members needed on their Boards in order to acquire resources critical to their sustained success. The Convention and Visitors Bureaus (CVBs) are used as an example, since at least 93 percent of CVBs have a governance structure that includes a Board of Directors. Successfully attracting the right mix of stakeholders is a result of an extensive recruitment effort by the CVB executive. Prior research reports that successful executives take great care in making selection decisions that reflect the interests of the community in the Board's composition. Based on the literature on Boards and governance, the authors develop propositions regarding the composition of CVB Boards. While the research is exploratory, it is found that CVBs with more diverse Boards are more successful than those with less diverse Boards. It is argued that effective CVBs use a thoughtful process for heterogeneous Board selection. It is also suggested that Board performance should be evaluated on an annual basis to recognize the need for active involvement in the Board selection process. The successful selection of Board members is important because of the implications for Board effectiveness. While there is a large body of literature offering advice on Board selection, there is little on recruitment. Moreover, there is little discussion of Board composition strategy based on balancing access to critical resources of stakeholders. © 2011, Emerald Group Publishing Limited

Publication Date

11-22-2011

Publication Title

Tourism Review

Volume

66

Issue

4

Number of Pages

4-17

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1108/16605371111188704

Socpus ID

84992933537 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/84992933537

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