In March 2012, BoardEffect published a research report titled “U.S. Laws Governing Nonprofit Boards and Electronic Voting.” The intent was to determine and demystify the legal parameters within which a board could use board portal technology to manage its voting procedures. And it was a huge hit; more than four years later, we continue to…
Face-to-face meetings are gradually giving way to video conference and teleconference meetings in nearly every business realm, including board meetings. There’s no question that saving time and money has contributed to the popularity of holding board meetings in virtual space. A Gigaom Research report stated that 87% of remote users see videoconferencing as a benefit…
Board meetings can become pretty routine, but that does not mean that planning for them should be completely routine. Most meetings will tackle looming problems, identify future opportunities, and spark new ideas. While it’s important for a board meeting to have a solid structure, it should also have a little flexibility built into the agenda…
As back-to-school anticipation permeates the August air, students of all ages gear up for another cycle of learning. Pencils, notebooks, laptops, and iPads fly off shelves and summer fades into study season. So culturally conditioned are we to schooling that those not enrolling might experience pangs of education envy.
It’s a well-established fact that boards should strive to build a board that has diversity of gender, culture, ethnicity, age, and other demographics. It is also well-supported that boards should have a diverse array of expertise, knowledge, and talent. Despite best efforts to create a well-rounded board of directors, boards often benefit from experts that…
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.
Your chief executive is leaving. No, not hypothetically. At some point, the CEO, executive director, or maybe even founder of your organization will move on to something new. In fact, according to BoardSource, 50% of nonprofit leaders expect to leave their positions within the next five years, yet only one-third of organizations have a succession…
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…
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