For years, well-meaning advisors have told nonprofit leaders and boards that they need to act more business-like. Yet, many nonprofit boards practice principles, generally around inclusion, that could benefit their brethren in the for-profit sector — especially in this age of shareholder and employee activism after all the corporate scandals. These five actions are especially helpful in improving working relationships between the board and the organization’s senior leaders.
- Advocate a passionate commitment to mission and strategy.
- Have board members act as ambassadors.
- Adopt an open door policy for meetings.
- Publish agendas and minutes.
- Encourage frequent changing of the guard.