Effective boards plan their board agendas wisely. The intent is to address all necessary business at their regular business meeting. Board director time is valuable, so it’s important to cover as much ground as possible during regular meetings. Unfortunately, even…
Nonprofit boards should get acquainted with the acronym GRC at their earliest opportunity. GRC is commonly known as governance, risk and compliance. Corporations, large and small, rely on these principles to ensure that they’re operating their businesses ethically and legally.…
If you asked a newcomer to your nonprofit board of directors to describe the board, which adjectives would they use? Would they use words like healthy, robust and functional? Or would the words used be more along the lines of…
Board secretaries play a central role in managing governance for board directors. The secretarial position is one that guides the board toward best practices and making sure that all board directors are fulfilling their fiduciary responsibilities. In addition to taking…
Among the many topics on governance, we don’t often hear very much about ex-officio board members. Some might say that the term is becoming outdated. Perhaps that’s true, but it may be wise to contemplate the value that ex-officio members…
If your nonprofit board wants to maximize your board meeting time as much as possible, one way to create efficiency is to begin utilizing a consent agenda. Some boards prefer to call it a consent calendar. According to best practices…
Long-term planning is a strategic planning activity that leads boards to fulfilling their mission with maximum efficiency and impact. Planning for the long term requires nonprofit boards to identify and commit to specific goals and then outline the action steps…
Mission and vision statements are the cornerstones of nonprofit work. Those words evoke thoughts of solving big problems over long periods of time. To some extent, that’s true. Nonprofit boards would be remiss not to consider the value in setting…
The mission statement is inarguably the most important statement within the bylaws and the articles of incorporation. It’s the foundation on which the rest of the organization’s work is based. The mission statement shapes marketing efforts, communications and the organizational…
Most commonly, people tend to connect the idea of governance with for-profit corporations. Governance has existed for decades, although there wasn’t much focus on it until the financial crisis hit in 2008. The reality is that practicing good governance principles…
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