Boards encounter many different types of risks of varying degrees while managing a nonprofit organization. In fact, the founding board took a huge risk in starting the organization in the first place. As nonprofit organizations grow, more risks emerge. Boards…
The first year of a new nonprofit CEO’s tenure often makes or breaks whether they’re going to work out. Some nonprofits estimate that a third to a half of new nonprofit CEOs fail within their first 18 months on the…
A cyber-risk framework is a necessary component for colleges and universities to be able to connect securely to virtual systems within a safe and supportive educational setting. Students of all ages are increasingly receiving their education in digital formats, particularly…
Technology has brought us many valuable business tools, including the ability to hold virtual board meetings. As with any new product, early board meeting software solutions were imperfect at best. Over time, programmers learned how to design the features and…
CEOs and executive directors of nonprofit organizations typically serve for long periods, especially if they’re founder/CEOs. Nonprofits generally thrive under strong, longstanding leadership. Everyone’s term comes to an end eventually. At this juncture, nonprofit boards need to be able to…
College and university boards are facing a multitude of new issues in an ever-changing environment. Regular board evaluations are a valuable resource to improve group processes within the board. Board self-evaluations may indicate potential problems and significant differences of opinion…
From the very first board meeting, nonprofit boards should work toward building an environment of trust. That’s no small feat for a group of strong leaders who may be relative strangers to each other. Honesty, integrity and trust are highly…
With so many changes occurring in our world at the same time, it’s truly becoming a different world. Extreme changes in the economy and society, as well as the influence of information technology, are having a huge impact on all…
Whether you serve on a hospital, government, university, nonprofit or other type of board, business is competitive. Today’s society and economy are complex and volatile. As a result, boards face many challenges. They must adapt to thrive and survive. Organizations…
University boards provide guidance and direction for the faculty, the administration and the institution itself. Collectively, they’re all responsible for making sure that the university’s offerings are relevant and of high quality. An advisory board can be instrumental in connecting…