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© 2016 Grant Thornton LLP. All rights reserved. 1 keeping an effective not-for-profit board

Keeping an effective not-for-profit board

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Page 1: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 1

keeping an

effectivenot-for-profit

board

Page 2: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 2

A member of a not-for-profit board is a link between the organization + those that support it and are served by it.

Because an organization’s most valuable asset is its good name…

A board member’s top priority should be protecting the organization's reputation.

Page 3: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 3

For effective service, a board should considercurrent makeup & plan for the future…

Recruitment, retention + motivation Leadership continuity Balance of skills Education + orientation Culture focused on strategy + risk

Don’t be afraid to self-evaluate

Page 4: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 4

Recruitment, retention + motivation

Recruitment, retention + motivation

Leadership continuityBalance of skillsEducation +

orientation Culture focused on strategy + risk

Ease the burden of member recruitment. The board should focus on ways to provide exciting and rewarding service opportunities.

Want more details? >> Download the guide

Page 5: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 5

Leadership continuity

Recruitment, retention + motivation

Leadership continuityBalance of skillsEducation +

orientation Culture focused on strategy + risk

Create a succession plan that identifies future board + committee chairs + other leadership roles.

Page 6: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 6

Balance of skills

Recruitment, retention + motivation

Leadership continuityBalance of skillsEducation +

orientation Culture focused on strategy + risk

Review members’ makeup + skill sets.• What can we improve?• Where are the holes?• Do we know what skills are essential?

Want more details? >> Download the guide

Page 7: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 7

Education + orientation

Recruitment, retention + motivation

Leadership continuityBalance of skillsEducation +

orientation Culture focused on strategy + risk

Invest time in covering topics for members’ continued learning.Routinely confirm the organization’s mission alignment with goals.

Page 8: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 8

Culture focused on strategy + risk

Recruitment, retention + motivation

Leadership continuityBalance of skillsEducation +

orientation Culture focused on strategy + risk

Focus on the organization’s future, strategic objectives + risks to those objectives.Review progress of the strategic plan.

Want more details? >> Download the guide

Page 10: Keeping an effective not-for-profit board

© 2016 Grant Thornton LLP. All rights reserved. 10

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