© 2016 Grant Thornton LLP. All rights reserved. 1 keeping an effective not-for-profit board
© 2016 Grant Thornton LLP. All rights reserved. 1
keeping an
effectivenot-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.
© 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
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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
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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.
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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
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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.
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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
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See our audit committee + board guidebooks for roles, responsibilities and operating procedures. Download the guide
http://grantthornton.com/nfpboardguide
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Check out the guide for audit committees
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