Who is responsible for the quality of board reports—management or the board? If you said both, you’d be correct. Boards function best when they receive reports that have enough information for them to develop business strategies for short and long-term…
The federal and state governments reward nonprofit organizations for the good work they do by not requiring them to pay taxes. The trade-off is that all of their funds must be allocated for the purpose stated in their charter. Nonprofit…
Are you muddling through your board meetings only partially following the agenda? Are you having more discussions about how parliamentary procedure works than about pertinent matters? Does each of your board members know that they have fiscal and legal duties…
Hypervigilance rules the day when it comes to a board of directors’ role in compliance and ethics matters. If your board members are not familiar with the terms duty of care, duty of loyalty and duty of obedience, they are…
While it’s helpful to review multiple studies about a particular issue, research about nonprofit board governance issues hasn’t been studied very much. That’s what makes the 2015 Survey on Board of Directors of Nonprofit Organizations by the Stanford Graduate School of Business such an excellent tool. The report brings out some important facts about known…
Have you ever looked out of an airplane window and marveled at how differently everything looks from an aerial view? You noticed which highways were jammed with traffic and which roads were barren. Maybe you detected a few important landmarks. As a member of a board of directors for a nonprofit organization, you have a…
In recent decades, it’s a whole new world regarding the responsibilities and compensation of corporate board members. New trends are developing as to how various size companies are paying their boards and how they are breaking down the compensation.
Corporate boards and nonprofit boards are different in many ways. Knowing how to get an “in” to the board of your choice might be easier than you think. In either case, learn as much as you can about the existing board, including what talent or expertise they are missing.
As new year resolutions go, getting better organized seems like an easy goal. Clearing out closets, files, and even email inboxes can be good for the mind — and soul. But what about the organization?
What’s the difference between an unproductive nonprofit board meeting and an effective nonprofit board meeting? The board meeting agenda and the board chair who uses it. The agenda is the board chair’s most important tool. When a non-profit board meeting agenda is written well, it helps the board chair to make fast decisions about managing…
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