What Are the Benefits of Advisory Boards for Startups?
There’s enough competition in the startup space that new companies need to pull out all the stops to be successful. Great ideas and passion will only take your startup so…
How to Recruit Board Members in a Remote Environment
If you had to choose two words to describe board work in 2020, which would you choose? Most boards might say “adjust” and “adapt”. 2020 has brought a host of…
Re-Evaluating Your Nonprofit Budget for Board Technology
Regardless of what type of programs and services your nonprofit provides, and regardless of how large your nonprofit is, you need some type of technology to function in today’s world.…
CEO Compensation Packages for Nonprofit Boards
The structure of nonprofits varies in many ways and that has a major impact on CEO compensation for nonprofit organizations. It’s impossible to establish one-size-fits-all CEO compensation packages. In fact,…
Nonprofit Succession Planning Checklist
If the board president or executive director of your nonprofit organization resigned tomorrow, what’s the first thing would your board do? If your answer is, “I don’t know,” it’s time…
Complying with Nonprofit Laws During a Crisis
When a crisis hits, it hits without warning, and it knows no boundaries. It takes a mighty collective force to deal with a crisis in the most effective way. The…
Objectives of Financial Management in Healthcare
Among their other responsibilities, healthcare boards are responsible for ensuring that management teams and finance teams run efficiently while pursuing goals that lead to profitability. In order for healthcare organizations…
Governance Strategy Examples
Businesses and other organizations have an overall governance corresponding strategy. There can be different types of sub-governance frameworks within a main governance strategy. For example, IT governance falls within corporate…
What Does Good Governance Mean for Today’s Boards?
What is governance and what does good governance mean for today’s boards of directors? Good governance of today accounts for longstanding governance practices, as well as modern governance principles. Both…
Everything You Need to Know About Board Resolutions
A board resolution is sometimes also called a corporate resolution. It’s a formal document that solidifies in writing important decisions that boards of directors make. Boards usually write up board…
