Board Tech Blog
October 1, 2008: Why Put Business on YOUR Board? | October 1, 2008: Why Put Business on YOUR Board? |
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We are entering the fourth quarter, the traditional season to scramble for new
trustees. This is a great time to remember the value of approaching
successful business managers to serve on your board. I would rather serve
with one person with strengths in the following top 10 list of skills than with
an entire group of five other people who have passion for the mission as their core strength and
are weak in most of these areas.
1) Budget, analyze cash flow and identify potential problems; 2) Protect a niche and
keep operations focused; 3) Challenge staff decisions and assumptions; 4) Set
reasonable goals and police a plan; 5) Explore consequences of decisions
and examine risk 6) Define and market a cause; 7) Form value
propositions and define outcomes for potential partners and investors; 8) Make
and seek financial monetary investments 9) Act and accept accountability
for decisions; 10) Find ways to persist and recover from
setbacks. Let's add two more entrepreneurial items. In a time when nonprofits need to be more aggressive than ever to earn their own income, it really helps to have access to "opportunity seekers" and those that can "make a deal." Good hunting to all !!!
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3.22 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved." |
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