When it comes to the culture of an organization, it’s hard to fool the public. A healthy public image is often a sign of good corporate governance. The aftermath of the bankruptcies of major entities such as Enron, WorldCom, and Tyco sent a fury through the financial industry. The shock of their demise sent plenty…
Board candidates that seek a position on the board of directors of nonprofit organizations are typically passionate about the organization that they want to serve. It’s important that all board members of nonprofit organizations understand the legal responsibilities that they hold relative to their positions on the board. Failing to fulfill their responsibilities according to…
A diverse board of directors brings a range of perspectives and talent that synergizes the board as a whole entity. Many important discussions take place on boards. It’s the differing perspectives of board members that lessen the potential for group think and lead to well-rounded decisions.
Making the decision to serve on a board is generally done with great forethought and consideration. Making a decision to resign from a board should be given equal, if not more, attention. There are two general reasons that members resign from a board—either they are not serving the board to the best of their abilities…
Whether it’s a commercial entity or a non-profit organization, nearly every director that serves on a board has an outside level of interest in the organization’s business. That’s a good thing from the perspective that board members share their areas of expertise with the rest of the board. It’s a bad thing when a board…
Boards take great care in appointing or hiring executives, chairmen, CEO’s and other people who serve in influential positions, as they should. As part of the selection process, they look for leadership qualities such as honesty, communication, commitment, and their ability to inspire progress and positivity. Those who vie for those positions put forth a…
When a board member is having a negative impact on the board or the entire organization, it can develop a toxicity that can only be relieved by removing a member from the board. Following a gut instinct to proceed may be best, especially if a strong percentage of the board agrees. Removing a director from…
An upcoming election of a new slate of board members should signal the start of planning for the new member orientation. The quality of the orientation process is a reflection on how well the board works as a group. When the orientation runs like a well-oiled machine, new members will come to their first board…
People that have a passion for a cause typically make good nonprofit board position members. That’s no surprise since they tend to know a lot about the organization already. What’s even better is that they bring a lot of their own knowledge and expertise about the organization’s purpose and network. More importantly, new board members…
The financial crisis of 2008 changed a lot of long-standing practices for non-profit boards and corporate boards. More than ever before, boards are rethinking and reviewing past practices to make sure that the organizations they represent are making progress, despite any financial instability. As part of the review, non-profit boards are weighing the pros and…
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