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Governance
The CRKN is governed by a Board of Directors. The Board is supported in its work by a number of Committees of the Board and Standing Committees.
These committees allow members to actively engage in the operation, activities and development of CRKN. Through their involvement on Committees of the Board and Standing Committees, members are able to share their experience and provide valuable guidance to the organization.
The Board of Directors is also guided by an external Advisory Board whose role is:
- to assist and advise the Board of Directors with respect to strategic planning and other matters as determined by the Board from time to time;
- to provide a vehicle for development of partnerships and joint ventures; and
- to advance strategic, collaborative and complementary approaches to research infrastructure development among members and other organizations.
The Advisory Board plays a proactive role in guiding CRKN planning and program development, initiating dialogue with the Board of Directors on matters of strategic interest as well as responding to matters referred from the Board of Directors.
Advisory Board Members [pdf]
Advisory Board Terms of Reference [pdf]
Click the links below to view listings of committee members and terms of reference of CRKN’s committees.
Committees of the Board:
Executive Committee |
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Membership Committee |
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Governance Committee |
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Standing Committees: |
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Negotiations Resource Team |
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Finance & Audit Committee |
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Value, Influence, Trends and Leadership Task Group (VITaL) |
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New Policy on Overdue Accounts:
On June 23rd, the Board of Directors approved a new financial policy addressing interest payable on overdue accounts. This new policy introduces another element of good governance by promoting member equity in supporting the overall costs of the organization, as well as adhering to the goals in the CRKN Strategic Plan under “Building our Organization”. This business best practice is being implemented for all invoices dated after October 1, 2009.
The purpose of this policy is to:
- encourage prompt payment of accounts by CRKN members
- act as a deterrent against late payments that are to the detriment of all members
- ensure that the organization has sufficient cashflow to meet its contractual obligations, and
- avoid costs that would be incurred should the organization need to utilize its credit facility.
The policy provides members with 60 days from date of invoice issue to make payment for services rendered. Even though the majority of organizations operate on a 30 day payment policy, CRKN has allowed for a longer period to take into account the time required for large payables to be processed through our member university accounts payables departments. Interest will be charged at a rate of 1% per month on accounts receivable that are 61 or more days overdue.
Updated: 11 March 2010