Board Management of Nonprofit Organizations
Board management is a specialized art which requires a unique set of abilities. It is crucial to create an environment that promotes success, not just finding the appropriate people. It’s easy to get lost in the details and overlook the fact that your nonprofit is working towards a purpose greater than the needs of the people who serve on the board. If you adopt a sound board practices, the members of the organization are better equipped to handle the issues they confront.
To begin, you must create a nominating committee that will be proactive in finding candidates for vacant positions. Be sure to include members who are not only well-connected and have a deep interest in the mission of the nonprofit and its impact on the community. They should be able create an efficient process for reaching out to potential candidates, conducting interviews, making hiring decisions.
In addition, your board must be aware of the financial issues a non-profit faces and be able to handle these issues well. It is important to be able recognize and eliminate any conflicts of interest. It is important to ensure that revenue is handled correctly and avoid accounting errors.
Nonprofit boards need to be able to react quickly to any unexpected challenges. Online board management tools, which allow real-time communication, are one of the best ways to achieve this. This allows your board to continue to strategize and collaborate regardless of when an unexpected issue occurs.
