
Season 5 / Episode #2 - On the Hook: Power, Duty & Boards Done Right
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Serving on a board isn’t just showing up at meetings — it’s a legal and ethical responsibility. In this episode of How to Keep Your Day Job with the Morning Star Consultants, Lisa and Staci break down fiduciary duty in plain language and real-world terms.
You’ll learn:
- What fiduciary duty really means and the three core duties of care, loyalty, and obedience.
- How board responsibilities shift between operational boards and boards with staff.
- Why hiring consultants doesn’t remove your fiduciary duties — and how to work with them effectively.
- The power dynamics at play when you hold an executive position and how to use that power responsibly.
- The inherent power boards hold over staff, contractors, and communities — and how misuse of that power violates fiduciary duty.
- The role of the Auditor General of Manitoba and whistleblower protection laws in keeping boards accountable.
Packed with practical tips and examples, this episode is your quick-start guide to fulfilling your obligations as a board member — and keeping your day job while doing it.
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