The board's role: Hire a chief executive
In preparation for a new hire, the board should review the mission and strategic plan.
It should take an honest look at the strengths and weaknesses of the organization, then prioritize goals for the CEO. Once that is done, the board will need to define the qualifications and criteria you desire in a CEO and prepare an accurate job description. Determine what the parameters need to be to create an adequate salary and other compensation.
For the first year of employment, it is helpful for the board to set clear objectives and expectations. It is also very helpful for the board to clarify distinctions between the board function and the CEO. If the board reaches in too deeply and micromanages the CEO in that first year, it may create a pattern that will not sustain the employment decision.
Make sure it’s clear that the exec is responsible to hire and manage staff without board interference.