The Alliance for Board eXcellence (ABX)
In alignment with the Core Foundation System, a 501c3 Public Charity, the Alliance for Board eXcellence (ABX) today announced its launch of a new member-driven organization dedicated to strengthening college and university board governance at a moment of unprecedented change in higher education.
ABX is designed to support presidents and governing boards as partners in institutional transformation. In today’s environment, presidents are caught between the burden of the past and the opportunity of the future. ABX is focused on bridging that gap via strategic board governance. A new fiduciary standard of governing boards has emerged, one that requires boards to actively support the president and steward the institution’s strategic direction using a new governance playbook.
The systemic issues facing every institution in the country require urgency and a new playbook for governance. Boards must act at the pace of the marketplace and transition from legislative to strategic body.
ABX Institutional Membership and Cost
- Membership is open to all non-profit higher education institutions. For the first 100 institutions with fewer than 7,500 students, the annual membership cost of $10,000 is paid by the Core Foundation System. ABX organization costs are offset by charitable contributions made to Core Foundation System, a 501c3 public charity.
ABX Membership includes
- Two passes to attend the ABX Annual Governance Conference
- Access to ABX knowledge-bank on financial resiliency, a new playbook for governance effectiveness, and supporting the president
- The world of Artificial Intelligence (AI) and effective governance is becoming an AI-enabled institution
- Resources for the presidents, managing board responsibilities, and effective interaction with board members and committees
- Board plenary sessions (Two – one-hour sessions)
- Quarterly updates on best practice governance
Additional ABX Offerings
- ABX Financial: Workshops for boards to become aware and fully understand their institution’s quality of earnings, alternative paths to prosperity, capital strategy requirements, artificial intelligence (AI) readiness and new financial metrics to address structural deficits and prosperity.
- ABX Studio: A fast-paced governance lab. An evolving institute of knowledge for trustees, presidents, and provosts and other key constituents (as appropriate) focused on: governance readiness, strategic pathways for prosperity, capital strategies. This includes the ABX Governance Playbook, highlighting education on Structural Deficits and becoming an AI-enabled institution and key strategic elements of how the board can effectively support the president and provost and operate at the pace of the market.
- ABX 360°: Internal review of governance effectiveness, certified board and executive coaching, confidential presidential engagement to achieve a more strategic board, executive compensation reviews, optimized committee structures, understanding fiduciary blind spots, current trends, and board readiness.
ABX Annual Conference
Presidents for Board Members, Register Here
Nov 10-11 in Old Town, Alexandria VA
The Alexandrian Hotel
November 10th
- Registration: 2 p.m. to 5 p.m.
- 3 p.m. to 4:30 p.m.
- Council of Presidents meeting
- Council of Board Chair meeting
- Council of Board Professional meeting
- 5 p.m. to 6:30 p.m. – Reception
November 11th from 8 a.m. to 4 p.m.
- 8 a.m. – Break
- 8:45 a.m. – Keynote Speaker
- 9:15 a.m. to 12 p.m. – Breakout Sessions
- 12 p.m. – 12:45 p.m. – Lunch
- 12:45 p.m. to 4 p.m. – Breakout Sessions
Breakout Session Agenda to include:
- New financial models
- Supporting the president in times of turbulence
- New governance models
- New operating models
- Strategic board governance and effective committee performance
- Private systems affiliations
- Artificial Intelligence – The AI-enabled institution
- Capital strategies
- Regulatory and industry trends
