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…
Let’s start by imagining possibilities in the world of organizational “rules” for a nonprofit group. The group’s charter—that provides certain guidelines, right? Correct. And state laws? Always. What about good old Robert’s Rules or another parliamentary authority? Yes, for sure.…
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…
Modern governance is a relatively new term that was introduced by Diligent Corporation to update the view of governance by today’s standards. This contemporary term reflects shifts in expectations around accountability and transparency, as well as changes in technology, that…
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…
Decisions, decisions -- they’re part of governance, leadership, and life. No matter how comfortable we are (or aren’t) in making them or how prepared we are (or aren’t) to make them wisely, we are faced with countless opportunities to decide…
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,…
A nonprofit executive director is usually one of the most influential people in a nonprofit organization. The executive director is instrumental in shaping the culture of the organization. Also, the executive director serves as the public face of the organization.…
With advances in technology, risk and risk management should be major issues for boards. Unlike many other board issues, the topic of risk management requires expertise on some level. In most cases, boards will need to form a risk management…
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