Rare as the need may be, here are three reasons to extend the terms of board members.
Directors hate them. Fundraisers swear by them. And board members often get called on to make them. Done badly, they kill the natural excitement that fills a theatre immediately before live performance. Done well, they help the audience connect beyond the immediate performance. The curtain speech is very much like the “elevator speech” exercise in business: you have 90 seconds to engage your listener and entice them to become involved in your project. What will you say?
New board members bring three gifts that expire by the end of their first year on the board: fresh eyes, fresh air, and fresh horses.