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The Habitat Management Survey: Helping to Revise the House Rules

Gerard J. Picaso. Second in a series of exclusive Habitat Management Survey responses. in Board Operations on August 11, 2014

New York City

Gerard Picaso
Aug. 11, 2014

One of my boards took it upon itself to modernize its house rules in a very efficient manner. A committee was set up with a chairperson who immediately corrected all of the spelling and punctuation errors and rid the document of all outdated terms and words. Every rule was discussed and revised one meeting at a time. Then, after the committee had approved the revision, it was sent out to all directors for final approval. At the next board meeting, that house rule was approved, becoming part of the final version of the complete house rules.

Each month, the same procedure was done until each house rule had been discussed, approved, and finalized in what became a year-long process. It was time-consuming, but it really was the smart way to do it because the committee could focus on the particulars of each rule. The new, revised house rules were sent to all shareholders before the annual meeting. A job well done. — Gerard J. Picaso, President, Gerard J. Picaso Inc.

 

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