Three Tips for Managing Your Board of Directors
Dealing with a board of directors for a nonprofit organization can be a challenging but essential part of your role as an executive director or nonprofit leader. Here are the top three tips for effectively working with a nonprofit board:
Define roles and expectations
Clearly define the roles and responsibilities of board members. Ensure they understand their legal and fiduciary duties, such as the duty of care, duty of loyalty, and duty of obedience.
Set clear expectations for attendance, participation, and fundraising. Establish term limits, committee assignments, and leadership roles.
Regularly evaluate the board's performance as a whole and individual members. Provide feedback and offer opportunities for improvement.
2. Communication and Transparency
Regular and clear communication is key. Keep your board members informed about the organization's activities, financial health, and major decisions. Provide them with timely updates through reports, meetings, and emails.
Foster a culture of transparency. Encourage open and honest discussions about challenges and successes. Be prepared to address any concerns or questions they may have.
3. Engage and Educate:
Engage your board members in the mission and work of the organization. Help them understand the impact their involvement has on the community and the organization's beneficiaries.
Provide opportunities for board education. Offer training sessions or workshops on nonprofit governance, financial management, and your specific area of focus. Knowledgeable board members are better equipped to make informed decisions.