Approved/revised: October 1, 2024
These policies limit the President's discretion in achieving the organization's ends, ensuring that the President operates within the boundaries set by the board. Executive limitations policies typically cover financial management, personnel management, and external relationships. This policy empowers the President to use their full creative powers while at the same time safeguarding against potential abuses, enabling the Board to concentrate its energies on ends issues. Notwithstanding the above, included under the Executive Limitations umbrella are those policies the Board must or should reserve for itself due to legal or legislative requirements, as well as those that will have a high impact either legally, financially, or on the reputation of the Institute.