Not-for-profit boards share many of the same responsibilities as corporate boards and they have a few additional responsibilities as well. Like corporate boards, not-for-profits are responsible for managing budgets, compliance and overall decision-making. In their role on the board, board…
Budgeting is something that gives leaders peace of mind. A little upfront planning alleviates a lot of problems as the year goes on. Having a budget supports an organisation’s business plan by mapping out the financial landscape for the coming…
Not-for-profit organisations are in the unique position of having to provide support for the community while needing support from other parts of the community. A health crisis like COVID-19 is a major disruptor in the not-for-profit world. This is a…
For many decades the main tools that boards used were paper, writing utensils, and their minds. Today, board management is more complex than ever before, and it requires more sophisticated tools than in the past. Boards are more heavily scrutinised…
It was only a month ago that cybersecurity was one of the most concerning items on not-for-profit boardroom agendas. The COVID-19 crisis has now placed heightened urgency around the need for sound cybersecurity strategy. In considering a total risk management…
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