Compliance and risk management activities are high on the list of responsibilities that not-for-profit board members accept as part of their board appointments. The definitions of compliance and risk management are distinctly different from one another. Not-for-profit boards have legal…
The latest advancements in technology have given not-for-profit boards many tools that increase their capability and functionality. With so many apps and programs available, it’s easy to get bogged down in searching for the right boardroom technology. New tools and…
Not-for-profits rely heavily on donations from grantors and donors. It’s common for well-established not-for-profit organisations with sound financial backing to invest some portion of the organisation’s financial assets in stocks, bonds, or other financial investments to improve the not-for-profit’s financial…
Depending on the average age of the board directors and senior executives, organisations may have top corporate leadership teams that are primarily digital conservatives. Best practices for digital governance are just beginning to evolve and boards that lack the necessary…
Board governance in today’s world isn’t for the faint of heart. Board directors must learn how to govern in an era of increasing digitisation which has brought new and complex issues like a volatile economic and social climate, and disruption.…
A board’s culture is reflected in the traditions and habits that boards develop over time that set the standard for the way that board directors think and act. Good governance suggests that boards should enjoy a sense of mutual respect and collegiality. Culture is…
People and passion draw people to serve on a board. Not-for-profit board of director best practices will help them fulfill that role well. As prepared as most board members believe they are, their first board meeting can be a rude…
Anytime big changes are happening in the corporate world, not-for-profit organisations need to pay attention. That’s because many of the same issues that occur in businesses have a residual effect in the not-for-profit realm. One of the big issues that’s…
The dynamics of the board-executive partnership has a strong effect on the health and viability of your organisation. Board members and executives have distinct roles, and the balance of power helps them to get the work of the organisation done.…
It’s often only after someone joins a not-for-profit board that they suddenly realise the full weight of their duties and responsibilities. Before someone accepts a position on a not-for-profit board, they need to be aware that not-for-profits have been under…
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