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Top 5 Governance Challenges and Solutions for 2018

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The board serves as the steward of the organization’s mission, with trustees serving as the stakeholders’ representatives. Ultimately, this broad set of responsibilities can lead to challenges. A commitment to using the best practices around good governance can improve board leadership, benefiting the organization’s stakeholders.

In this session we will dive into the top 5 nonprofit governance challenges for 2018 and how to solve for them. Watch the webinar: https://www.boardeffect.com/webinar-top-5-governance-challenges-solutions-2018/

Published in: Government & Nonprofit
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Top 5 Governance Challenges and Solutions for 2018

  1. 1. Governance for Lunch Webinar Series 2018 Governance for Lunch Webinar Series 2018 2018 Top 5 Governance Challenges & Solutions January 24, 2018 12:00-12:45 PM EST
  2. 2. Governance for Lunch Webinar Series 20182 Housekeeping  Webinar lasts 45 minutes  Session is being recorded (phone lines are muted)  Slides/recording will be emailed to you  Send us your questions via Q&A or Chat in GoToWebinar  Please complete the post- webinar survey – we’ll send you the link
  3. 3. Governance for Lunch Webinar Series 2018 Governance for Lunch Webinar Series 2018 Welcome: Wendy Deming, COO/Corporate Secretary, GCCF
  4. 4. Governance for Lunch Webinar Series 20184 VP/Governance Technology Evangelist Dottie Schindlinger  Member of BoardEffect’s founding team  20+ years in governance roles  Frequent governance presenter: Independent Sector, ASAE, LeadingAge, AHA, CUES, and AGB  Author, media commentator, blog contributor for Forbes, WSJ, Corporate Board Member, Trustee, Trusteeship & more
  5. 5. Governance for Lunch Webinar Series 2018 Top 5 Governance Challenges 5 1 Implementing Best Practices 2 Building Board Diversity 3 Leveraging Social Media 4 “Refreshing” the Board 5 Using Tech Effectively
  6. 6. Governance for Lunch Webinar Series 2018 Understanding roles & “swim lanes” Being a responsible fiduciary (& fundraising) Supporting the ED by offering context/insight Leveraging personal/professional networks Serving as an “evangelist” for the mission Ensuring responsible growth Fostering accountability & transparency 6 What Are Some Best Practices?1
  7. 7. Governance for Lunch Webinar Series 2018 Board of Trustees Fiduciary & advisory role, shapes strategy, provides context, frames issues, sets the tone, hires/supports/evaluates the ED Administration ED, management/operations, enacts the strategy, evaluates results, reports to the board & keeps them informed Community Stakeholders, provide cultural context, input & feedback to inform the mission, reflect/evaluate the outcomes 7 What Do Best Practices in Governance Look Like? Shared Governance Engagement is viewed as a strategic resource to be cultivated. Board, staff and community feel shared responsibility for the mission, and mutual trust. 1
  8. 8. Governance for Lunch Webinar Series 20188 Marathon, not a sprint Patience, and persistence Learn, and apply immediately
  9. 9. Governance for Lunch Webinar Series 2018 Board Members who are Caucasian Chief Executives who are Caucasian Board Members who are Male 9 Current State of Board Diversity 84% 90% 52% 57% Board Members aged 50+ years 2 Data from BoardSource’s “2017 Leading With Intent” Report
  10. 10. Governance for Lunch Webinar Series 201810 Take a Fresh Look at Diversity
  11. 11. Governance for Lunch Webinar Series 2018 Leveraging Social Media Embrace the potential, overcome the fear Provide coaching for the board Get expert counsel Don’t cringe, lean in Think “community engagement” Set policies and be willing to adapt 11 3
  12. 12. Governance for Lunch Webinar Series 2018 Use a secure, online, anonymous process Have peers rate everyone (including themselves) Board chair 1-on-1 meetings with those that get low marks 12 Board Refreshment Strategies4
  13. 13. Governance for Lunch Webinar Series 201813 Leverage Tech Tools Wisely Identify Needs: – State your goals – find alignment – Review options on the market – Cost/benefit analysis Clarify the role & process – Who is the “champion”? Who will manage the system? – Consider training, upgrades, ongoing support, wrap-around services 5
  14. 14. Governance for Lunch Webinar Series 201814 For quick reference… Download the full whitepaper “Top 5 Governance Challenges & Solutions,” by SmartBrief boardeffect.com/top-governance-challenges- solutions/
  15. 15. Governance for Lunch Webinar Series 2018 Governance for Lunch Webinar Series 2018 Q&A – What’s On Your Mind?
  16. 16. Governance for Lunch Webinar Series 2018 Contact Me! 16 @GovTechGeek linkedin.com/in/dschindlinger slideshare.net/BoardEffect boardeffect.com/blog
  17. 17. Governance for Lunch Webinar Series 201817 (866) 672-2666 info@boardeffect.com Boardeffect.com 1515 N. Courthouse Road, Suite 210 Arlington, VA 22201 US Contact Us
  18. 18. Governance for Lunch Webinar Series 2018 Governance for Lunch Webinar Series 2018 Thank you!

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