slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Being an Effective Board Member PowerPoint Presentation
Download Presentation
Being an Effective Board Member

Loading in 2 Seconds...

play fullscreen
1 / 16

Being an Effective Board Member - PowerPoint PPT Presentation


  • 112 Views
  • Uploaded on

Being an Effective Board Member. Robert Fragasso, CFP® Chief Executive Officer Dotti Bechtol Fiduciary Asset Business Development Officer. Relationship Between the Board and the Executive Director. Nonprofits are required to have boards The board is the strategic and financial leadership

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Being an Effective Board Member' - arch


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Being an Effective Board Member

Robert Fragasso, CFP®

Chief Executive Officer

Dotti Bechtol

Fiduciary Asset Business Development Officer

relationship between the board and the executive director
Relationship Between the Board and the Executive Director
  • Nonprofits are required to have boards
    • The board is the strategic and financial leadership
    • Has legal and ethical obligations
    • Provides oversight and helps set policy
  • Executive Director has responsibility to keep board informed
    • ED is responsible for day-to-day operations and enforcing policies
relationship between the board and the executive director1
Relationship Between the Board and the Executive Director
  • Together the Board and the Executive Director
    • Achieve the goals and mission of the organization
    • Board members help ED to be effective
    • Common goal of success of the mission
recruiting board members
Recruiting Board Members
  • Identify the kind of expertise needed
  • Create a recruitment plan
  • Design an orientation
working with the board
Working with the Board
  • Get to know the board members individually
  • Addresses tensions/issues early
  • Keep members engaged
the purpose of a board
The purpose of a board:
  • Act as a fiduciary representing the community
  • Provide strategic visioning to accomplish the mission of the organization
  • Advocate for the mission and programs of the organization in the community
  • Help to guarantee the perpetuity of the organization by raising adequate funding
the responsibilities of a board member reflect the purposes of the board
The Responsibilities of a Board Member Reflect the purposes of the board
  • Act as a fiduciary
  • Vision and mission accomplishment
  • Advocate
  • Fund development
and to do so a board member must
And to do so, a board member must:
  • Learn about the organization
  • Contribute time beyond board meetings to serve on committees and participate in ad hoc board projects
  • Advocate wherever he or she goes
  • Contribute money
  • Raise money
misperceptions of some board members
Misperceptions of Some Board Members
  • Serving on the board solely to think big thoughts
  • Others are in charge of raising necessary funding
  • Focus should be only on areas of interest, for example, operations or finance
  • Boards should manage staff
  • I will get business out of being a board member
management mistake that boards make
Management Mistake that Boards Make
  • Inadequate new member orientation
  • Ongoing failure to promote a complete understanding of the organization’s mission, structure and operations
  • Inefficient board structure
  • Rubber stamp officer elections
  • Lack of or non-staggered term limits
  • Poor communication within the board and to staff and constituents
management mistake that boards make1
Management Mistake that Boards Make

7. Recruiting only on ability to contribute

8. Insufficient or overly-detailed financial data

9. Scarcity of financial expertise on the board

10. Failure to retain experienced board members

11. Most importantly: lack of strategic visioning

what can senior staff do
What Can Senior Staff Do?
  • Work with board officers and key influencers to identify areas of insufficiency
  • Gain outside funding and consulting to correct the board’s structural problems
  • Create or activate a Board Governance Committee to create and implement reforms and to recruit appropriate new board members
  • Educate the full board on key issues concerning the organization
  • Follow your convictions
what steps must the board take
What Steps Must the Board Take?
  • Articulate and publicize the mission of the organization
  • Set annual and longer term goals and objectives for accomplishing the mission

3. Identify the correct board and committee structure

  • Set term limits and procedures for rotation and cultivation of new members
  • Create the proper relationship for working with the agency’s management. That includes objective setting and measurement plus rewards for accomplishing.
what steps must the board take1
What Steps Must the Board Take?

6. Continue to educate the board’s members on the mission, objectives, operations and needs (especially financial) of the organization

7. Create and manage an effective fund development mentality and action plan within the board. (Gifts and sponsorships are better than events.)

8. Board leaders must coach and mentor newer board members

9. Celebrate successes and then set higher goals – always get better in the service of the organization’s constituency

contact us
Contact Us

Robert Fragasso, CFP®

Chairman and Chief Executive Officer

412.227.3220

rfragasso@fragassoadvisors.com

Dotti Bechtol

Fiduciary Asset Business

Development Officer

412.227.3208

dbechtol@fragassoadvisors.com