Only 618 board seats out of a universe of 35,505 board seats are occupied by people under 40. Maybe one day Michael Lewis will write a book about the year that boards finally engaged young people with fresh perspectives. Perhaps he'll be able to say that that's also when companies increased shareholder value. READ»
There are many reasons that people join nonprofit boards. The primary motivation is to do something good. But there is a reason that isn't discussed in polite company: "I want to join a board in order to develop business relationships." If you just want to make business contacts, there are way easier ways to network than to commit to multiple hours of board and committee meetings.READ»
If an organization and its board are not moving forward through innovation to meet changing needs in the world around us, then the organization is at risk of losing its way and its impact.READ»
You're told that the organization is high impact in addressing a vital community issue, and that its services are cost effective. Simply by serving on the board, you're vouching for its future. Just one question: HOW DO YOU KNOW? READ»
"Why do business people on nonprofit boards make decisions they'd never make on behalf of their companies?" This was one of the intriguing questions when Matthew Bishop interviewed Nancy Lublin. Boards must fulfill their oversight responsibilities, but that alone does not build a vibrant and robust organization.READ»
Just 10 days before the Deepwater Horizon oil rig explosion marked the beginning of the devastation wrought by BP's oil spill, Cone completed its new "Shared Responsibility Study," entitled: "Companies Fail to Engage Consumers on ...READ»
After posting the resolutions and predictions of 24 leaders from business, philanthropy, and the social sector in CSR 2010 Parts I and II, I promised to post my own comments.
The Question: What is your resolution or prediction for ...READ»
Yes, positioning the right person as the board chair is key. Because the chair has the greatest influence on how the board uses its time in meetings and in between meetings, who will be on the board, and who will be groomed for future ...READ»
In training and placing business executives and professionals on nonprofit boards, I see which board environments motivate people to perform their best, and which environments crush the spirit right out of well-meaning, enthusiastic, ...READ»
Once I started training and placing business executives on nonprofit boards sixteen years ago, they began asking me to help their boards to become more effective; moreover, simply "training" them was not sufficient. Neither was board ...READ»
Whether you're an individual, company or foundation, making a significant contribution, you can get a good idea of an organization's vitality and prospects for success by taking a look at who's on the board.
As the editor and ...READ»
Whether you're an management consultant, banker, attorney, manager, accountant, or other executive or professional, serving on a nonprofit board will help you do your job better.
Wendy Wysong, Partner at Clifford Chance, explained to ...READ»
Biggest lesson of 2008: Boards make decisions that determine the success or failure of our economy, increases or cutbacks in jobs, access to education, healthcare, and social services, energy conservation or waste, the future of ...READ»
Despite conventional wisdom that draws sharp lines between for-profit and nonprofit boards, I believe that they are fundamentally the same. Both for-profit and nonprofit boards have ownership responsibilities for their ...READ»
For-profit boards of directors bear much responsibility for the past year’s financial catastrophes. Nonprofit boards are accountable for global and regional organizations that need to address vital matters relating to the ...READ»
