Best Practices, Governance Principles Revised, The Nonprofit Times, Feb. 25, 2015 reports this week Independent Sector released an updated edition of its 33 Principles for Good Governance and Ethical Practices, marking the first major revisions since its original release in 2007. The event was marked by bi-partisan fanfare on Capitol Hill. As one Senator noted, establishing…
The impact of gender diversity in the board room is the focus of a recent article in the Harvard Business Review. Despite research that shows better performance, higher profitability, and increased collective intelligence on teams with gender diversity, the composition…
The concept of good governance is moving toward mainstream awareness. A recent blog, entitled “Strong Culture and Leadership Critical for Nonprofit Board Strategic Success,” appeared in Huff Post Business and applied some concepts gleaned from for-profit boards to the nonprofit sector. First and foremost, it reminds us that all boards — for-profit and nonprofit — face similar challenges…
Participants at a local conference for board members recently shared what they enjoy most about serving on nonprofit boards: impact… and serving the mission. Then they rattled off a longer list of what they didn’t enjoy: the time commitment, listening to reports, worrying about finances, fundraising, recruiting others, shelving the strategic plan, and so on.…
Who is the boss? Who is really running the show? Who makes the last call at work? At home? In social settings? Most of us face these types of questions without even realizing it. Exercising power is a topic that can be fraught because it is not always a straight-forward or static issue. Life happens. Change happens.…
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