Which group is responsible for formulating policy and overseeing the development of the Fraternity?

The Executive Board is primarily responsible for formulating policy and overseeing the development of the Fraternity. This group is composed of elected officers and members who have a significant understanding of the organization's goals, operations, and strategic direction. Their role is vital as they guide the Fraternity in making critical decisions that align with its mission and vision.

The Executive Board not only sets policies but also evaluates the progress of initiatives and ensures that the organization adheres to its standards and practices. Their leadership helps maintain the integrity and continuity of the Fraternity, ensuring it evolves while staying true to its core values.

In contrast, the Executive Committee focuses on specific issues or projects within the organization and generally handles operational matters. Regional Directors may oversee operations within specific geographical areas, and the Advisory Panel provides guidance and support but does not formulate policy at the overarching level that the Executive Board does. Thus, the Executive Board fulfills the essential function of shaping the overarching direction and policies of the Fraternity.