While board meetings often receive significant attention, the essence of effective governance goes beyond the confines of the board table. Just as the impact of a nonprofit organization isn't solely determined by the glitz and glamour of a fundraising…
The pandemic has changed the way that nonprofit boards meet, pushing many to embrace hybrid meetings, which combine the best of both in-person and fully remote gatherings. This new approach accommodates directors or trustees who are not physically situated…
Rising stakeholder expectations. Complex reporting requirements. Cyber risks like never before. New strategic challenges — and opportunities. How can you make sure that your board is up to the mission, with the right people in the right roles? We…
As a vital component of the higher education ecosystem, volunteer board members play a crucial role in shaping the future of academic institutions and ensuring their continued success. Here, we'll explore best practices for higher education board governance that…
Data is one of the most valuable and long-lasting assets in financial services. While “data governance” may not be a term we hear that often, it has immense influence on how community banks and credit unions collect and utilize…
As a volunteer board member, you won’t have missed that the digital landscape is rapidly evolving and significantly impacting higher education. In this dynamic environment, it's crucial for you and your fellow board members to position yourselves as tech-enabled…
Behind every community bank or credit union is a hardworking board. While board members may put many hours of time and effort into their board duties, it’s fair to ask whether the board is achieving results that help fulfill…
Are your nonprofit healthcare board members complaining behind closed doors? Are they frustrated that some board members are not prepared? Do they feel like their input is being overshadowed by a few outspoken members? These are some common complaints…
Financial sustainability. Increasing staff costs. Enrollment and demographic shifts. Regulatory requirements. Alumni engagement and fundraising. Recognize all of these challenges facing your higher education organization? Addressing these challenges requires strategic planning, innovative approaches to education delivery, financial stewardship, and…
As a CEO or board director of a community bank, you have a personal stake in improving the effectiveness of your board. Enhancing decision-making, strategic planning, and governance practices within your board can directly contribute to the success of…
©BOARDEFFECT 2023 • ALL RIGHTS RESERVED • PRIVACY POLICY