A good governance system is essential to the success and sustainability of nonprofits. However, not all nonprofit boards function effectively. In fact, a poorly governed board can cause the company to fail. No matter if your nonprofit is starting out or has been around for a while now, ensuring your board’s efficiency can help it weather challenges and ensure long-term success.
The most important job of a non-profit board is developing a strategic vision. Nonprofits should select board members who are willing to put in the time and effort for this task. This is a lengthy selection process to identify a mix of different backgrounds and skills. It’s important to provide training and support to both new and veteran members of the board as they collaborate and make the top-level decisions regarding the non-profit.
If the board has a strategy for tasks it should be capable of trusting the executive director to manage the day-today operations of the organization. Nonprofits must avoid relying solely on board committees to handle operations, as this can result in unreliable and inefficient decision making.
If a nonprofit board is not governed by an chief executive officer, it usually is run by the Cooperative Governance Model. It is a democratic model that distributes power equally among board members. It is recommended that board members have a similar commitment to the organization, and are willing to hold each other responsible for their actions. To avoid conflicts of interests the non-profit should draft a clear policy on conflicts of interest and review it with board members on a regular basis.
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