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Knowing the Roles of Board of Directors


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Knowing the Roles of Board of Directors

  1. 1. <ul><li>Assessment Retreat </li></ul><ul><li>Charmaine Dennis, MBA </li></ul><ul><li>Nonprofit Development Consultant </li></ul><ul><li>1Knight Consulting Group </li></ul>The Role of the Board 1Knight Consulting Group
  2. 2. Why Have a Board? <ul><li>It’s legally required </li></ul><ul><li>Expertise and knowledge </li></ul><ul><li>Safeguard Organization </li></ul><ul><li>Makes for a stronger organization </li></ul><ul><li>An opportunity to contribute to the community </li></ul><ul><li>A learning experience </li></ul><ul><li>Provides a sense of belonging and community </li></ul>1Knight Consulting Group
  3. 3. What Does The Board Do? <ul><li>Establishes the organization’s mission </li></ul><ul><li>Engages in strategic planning </li></ul><ul><li>Approves and monitors the organization’s programs </li></ul><ul><li>Ensures adequate financial resources </li></ul><ul><li>Provides fiscal oversight </li></ul>1Knight Consulting Group
  4. 4. <ul><li>Hires and supports the Chief Executive Officer </li></ul><ul><li>Understands the relationship between Board and staff </li></ul><ul><li>Enhances the organization’s public image </li></ul><ul><li>Selects and orients new Board members </li></ul><ul><li>Insures that the Board operates efficiently </li></ul>What Does the Board Do? 1Knight Consulting Group
  5. 5. How Does the Board Fulfill Its Responsibilities? <ul><li>Understands them </li></ul><ul><li>Develops and implements committee structure </li></ul><ul><li>Clearly defines roles, responsibilities for all Board members (e.g. job descriptions, goals and objectives for committees, timelines and schedules) </li></ul><ul><li>Agrees on ground rules – rules of engagement </li></ul><ul><li>Engages in continuous Board improvement (recruitment, training, evaluation) </li></ul>1Knight Consulting Group
  6. 6. <ul><li>Regularly review it </li></ul><ul><li>Make sure all Board members understand and support it </li></ul><ul><li>Test program evaluation against it </li></ul>How Do We Determine the Mission? 1Knight Consulting Group
  7. 7. <ul><li>Establish vision and goals </li></ul><ul><li>Define indicators towards meeting goals </li></ul><ul><li>Monitor progress </li></ul>How Do We Engage in Strategic Planning? 1Knight Consulting Group
  8. 8. <ul><li>Program Committee </li></ul><ul><li>MIS System </li></ul><ul><li>Best Practice and Community Needs Assessment </li></ul>How Do We Monitor Programs and Services? 1Knight Consulting Group
  9. 9. <ul><li>Create a Resource Development Plan </li></ul><ul><li>Monitor Implementation </li></ul><ul><li>Invest in Resource Development </li></ul>How Do We Insure Adequate Financial Resources? 1Knight Consulting Group
  10. 10. <ul><li>Finance Committee </li></ul><ul><li>Make sure each member of the Board understands the finance statement </li></ul>How Do We Ensure Fiscal Oversight? 1Knight Consulting Group
  11. 11. <ul><li>Conduct performance annual review </li></ul><ul><li>Make sure CEO can access expertise and assistance </li></ul>How Do We Support the CEO? 1Knight Consulting Group
  12. 12. <ul><li>Job Descriptions </li></ul><ul><li>Discuss & Adopt Rules for Communication </li></ul><ul><li>Protocol in place for decision making </li></ul>How Do We Understand the Relationship between Board and Staff? 1Knight Consulting Group
  13. 13. <ul><li>Individual Board members do not speak for the organization </li></ul><ul><li>A public relations and marketing strategy is in place </li></ul><ul><li>Take opportunities to promote positive image in the community </li></ul>How Do We Enhance Our Public Image? 1Knight Consulting Group
  14. 14. <ul><li>Continually </li></ul><ul><li>Develop </li></ul><ul><ul><li>Orientation Packet </li></ul></ul><ul><ul><li>Board Job Descriptions </li></ul></ul><ul><ul><li>Annual Calendar </li></ul></ul><ul><ul><li>Board Organizational Chart </li></ul></ul><ul><li>Mentor new Board members </li></ul><ul><li>Set recruitment goals and timeline </li></ul>How Do We Select and Orient New Board Members? 1Knight Consulting Group
  15. 15. <ul><li>Committee structure with </li></ul><ul><ul><li>Stated purpose </li></ul></ul><ul><ul><li>Job descriptions </li></ul></ul><ul><ul><li>Timelines </li></ul></ul><ul><ul><li>Work plans </li></ul></ul><ul><li>Articulate clear expectations regarding time commitments </li></ul><ul><li>Make time to discuss important issues </li></ul><ul><li>Do your homework </li></ul>How Do We Organize Ourselves? 1Knight Consulting Group
  16. 16. <ul><li>Choose Board responsibility areas to address </li></ul><ul><li>Set goals, develop plan </li></ul><ul><li>Monitor, set date for next self-evaluation </li></ul>Next Steps? 1Knight Consulting Group