As soon as a new board director gets appointed, that’s the best time to start planning for their replacement. Recruiting, nominating and appointing board directors takes time. If boards wait until they have a vacancy, it could leave them with…
Just as boards expect students to reach their fullest potential with the education the college provides, board members also need to strive to perform at their peak in overseeing the institution. The role of board members in higher education has…
When a board resolves to do something or say something that they want to have memorialized in writing, they write up a corporate resolution in the proper format and vote to approve it. Boards often use a corporate resolution as…
Advancements in technology have made it easier for nonprofit boards to do many of their tasks more efficiently and with a greater degree of security. A nonprofit’s website is the hub of its activity. Social media outlets play a big…
Company secretaries perform a wide variety of important duties. For some nonprofit organizations, the question is more of “What don’t company secretaries do for nonprofit organizations?” Nonprofits generally assign their company secretaries many of the same basic duties and responsibilities.…
A conflict of interest occurs when an individual or an entity has a clash between personal and professional duties or responsibilities and that clash gives them the benefit of personal or professional reward. Often, this happens because someone has a…
Risk management is a process that allows for identifying risks aggressively and early. It should be a continuous, forward-looking process. Risk management is a process that requires strong leadership across all stakeholders. The best risk management programs are proactive rather…
Electronic file-sharing platforms are growing in popularity and use because they conveniently scale down large files to make them easier to share electronically. The introduction of file-sharing apps was good news for board directors because they do most of the…
Social media outlets are a popular way to promote nonprofit organizations. Social media platforms are easy to use and there are plenty of platforms to choose from. What’s even better is that they provide a free or inexpensive way to…
The goal of strategic planning is to provide a structured process to establish goals and objectives, outline steps to achieving them, align the staff and resources to support them, and establish a timeline for making progress. While it sounds complicated,…
©BOARDEFFECT 2025 • ALL RIGHTS RESERVED • PRIVACY POLICY