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Board Standing Committees

The Planning and Business Development Committee
The Planning and Business Development Committee is responsible for working closely with the President & CEO in designing and overseeing a strategic planning process that will enable IEDC to effectively address strategic issues facing the association in today's rapidly changing world. The committee is responsible for coordinating the Board's participation in IEDC's operational planning, budget preparation, and budget approval process. The committee ensures that IEDC possesses the financial resources required to carry out its strategic and operational plans. The committee is accountable for maintaining close communication and coordination with any non-Board entity such as a blue-ribbon committee or a full-fledged foundation, that might be created for the express purpose of fundraising.

 

The Performance Oversight & Monitoring Committee
The Board's Performance Oversight and Monitoring Committee is responsible for working closely with the President & CEO in designing programmatic and financial performance reports that are appropriate for Board review and for monitoring the performance of all of IEDC's programs and administrative units. This committee is also responsible for reviewing and recommending revised and new operational policies meriting Board attention, such as policies to govern the IEDC financial management system and practices.

 

The External & Member Relations Committee
The External and Member Relations Committee is responsible for clarifying IEDC's desired public image in the eyes of key stakeholders and for overseeing the formulation of strategies to promote IEDC’s image. The committee works to maintain effective communication and working relationships with key stakeholder organizations. They are responsible for recommending policy positions in the governmental relations and legislative arena. The committee is also responsible for overseeing the formulation of strategies to promote active volunteer involvement in IEDC affairs.

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