Governance is a term that most people have some familiarity with, but they don’t necessarily know what it means. There are others who think they understand what it means, but they confuse at least parts of it with the duties…
Just as boards expect students to reach their fullest potential with the education the college provides, board members also need to strive to perform at their peak in overseeing the institution. The role of board members in higher education has…
When a board resolves to do something or say something that they want to have memorialized in writing, they write up a corporate resolution in the proper format and vote to approve it. Boards often use a corporate resolution as…
Despite advances in technology and the fast pace of the business world, the corporate secretary is still the glue that holds the board and the rest of the organization together. The corporate secretary still needs to have the knowledge and…
Advancements in technology have made it easier for nonprofit boards to do many of their tasks more efficiently and with a greater degree of security. A nonprofit’s website is the hub of its activity. Social media outlets play a big…
Company secretaries perform a wide variety of important duties. For some nonprofit organizations, the question is more of “What don’t company secretaries do for nonprofit organizations?” Nonprofits generally assign their company secretaries many of the same basic duties and responsibilities.…
A conflict of interest occurs when an individual or an entity has a clash between personal and professional duties or responsibilities and that clash gives them the benefit of personal or professional reward. Often, this happens because someone has a…
Risk management is a process that allows for identifying risks aggressively and early. It should be a continuous, forward-looking process. Risk management is a process that requires strong leadership across all stakeholders. The best risk management programs are proactive rather…
Let’s start by imagining possibilities in the world of organizational “rules” for a nonprofit group. The group’s charter—that provides certain guidelines, right? Correct. And state laws? Always. What about good old Robert’s Rules or another parliamentary authority? Yes, for sure.…
Electronic file-sharing platforms are growing in popularity and use because they conveniently scale down large files to make them easier to share electronically. The introduction of file-sharing apps was good news for board directors because they do most of the…
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