As new board directors get indoctrinated into their positions, they quickly see how much a nonprofit board of directors handles. The wealth of policies and procedures alone provides many hours of reading material. The benefit of having clear and accessible…
Nonprofit executives often lament their boards’ limited engagement. Recognizing that volunteer board members will prioritize professional and personal obligations first, they accept whatever investment busy board members can make. When I heard a nonprofit leader recently acknowledge a disconnect between…
For nonprofit boards that don’t have information technology (IT) expertise on their boards, it can be like a foreign concept. Since some nonprofit boards simply don’t understand IT and all the issues that go along with it, they don’t typically…
All over the world, the performance of board directors is being proactively evaluated by shareholders, regulators, and others. There’s a direct correlation between the composition of the board of directors and its performance. It’s a well-known fact that boards should…
Taking good meeting minutes at a board meeting is an important and fulfilling role. Board meeting minutes are more than a general accounting of board discussions; they serve as an official and legal record of the meeting of the Board of Directors. Minutes are used in a variety of ways including tracking progress, detailing future…
Board culture is a key factor in board effectiveness. Boards of directors that enjoy strong relationships and good board dynamics have a positive effect on the leadership. Leaders who are motivated and encouraged are better able to lead an organization…
Progress in any industry is an exciting thing. By virtue of our human nature, many of us are creatures of habit. That’s why we often see resistance to change even when it’s looming and necessary. The advancement of technology is…
As the highest-ranking executive in the company, the CEO has many important responsibilities. The CEO makes most major corporate decisions. In addition, the CEO manages the overall operations and company resources, manages risks, and serves as the primary liaison for…
Some board members attend their first board meeting knowing pretty much what to expect. Even experienced board directors benefit by having the opportunity to attend a well-prepared, well-organized board orientation session. A board orientation is even more important for inexperienced…
Good governance encompasses an array of issues. When corporate and organizational issues are going well, we tend to give credit to good governance practices. On the flip side, we also tend to blame poor governance practices when companies and organizations…
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