|
Corporate Board Model |
Traditional Board Model |
TC Board Model |
C | T |Mixed |
|
Creates Bottoms Up Budget Process |
Creates Top Down Budget Process |
bottom up executed poorly | C |
|
Establishes Checks & Balances System |
Allows Informal Checks & Balances |
only in investments | C |
|
Except for Budget, Board Not Involved In Fiscal Processes |
Board Heavily Involved (e.g., check signing, routine contracts) |
mostly rubber stamp | C |
|
Cost Effective |
Not Cost Effective |
C |
