Nonprofit Boards: Better than Corporate Boards?

Boardroom InsiderRalph Ward brings nonprofit boards into focus.  The nonprofit sector — education, charities, parastatals, co-ops, NGO’s, etc. — makes up a huge share of the world economy, and is a huge player in civil society.  Yet, the board and governance tools needed to shape and monitor this nonprofit galaxy for too long have been under-studied and underserved.

Nonprofit Boards Deliver 

The April issue of online governance monthly Boardroom INSIDER aims to change that, with special reports on the unique challenges of nonprofit strategy planning, governance, and leadership. According to BI publisher and boardroom speaker Ralph Ward:

In crucial ways, nonprofit boards may deliver even better governance than corporate boards. While the past decade has seen compliance and legal busywork gobble up more for-profit boardroom time, boards of nonprofits have more time for strategy, advice, and mentoring management.  

Further, Ward notes that most nonprofit directors receive no pay for their work, so their governance is “motivated by the mission, to lobby, volunteer and network” for the nonprofit, often contributing out of their own pocket.

Two Cents from Wouldn’t it be great to see more corporate CEOs and boards competing more on ‘mission’ instead of so much on financial reward?

Also on Nonprofit Board Responsibilities 

  • Strategic planning for your nonprofit.
  • 5+ steps on nonprofit CEO succession.
  • Do you really want to join that nonprofit board?

The April edition of Boardroom INSIDER also discusses setting our CEO’s expense policy

Ralph Ward is an internationally-recognized writer and speaker on the role of boards of directors, boardroom leadership, and the future of governance worldwide. He is publisher of the online email newsletter Boardroom INSIDER, the worldwide source for practical, first-hand advice on better boards and directors. He also edits The Corporate Board magazine, and speaks and consults on governance issues (see his Boardroom Masterclass page).

Ralph Ward

Ralph Ward

Ralph Ward is author of the books Boardroom Q&A (2011), The New Boardroom Leaders: How Today’s Corporate Boards Are Taking Charge (2008), Saving the Corporate Board: Why Boards Fail and How to Fix Them (2003), Improving Corporate Boards: The Boardroom Insider Guidebook(2000), and 21st Century Corporate Board (1997). Ward’s books, like his Boardroom INSIDER, are full of practical tips for directors. I highly recommend them all.

Follow Ralph Ward on Twitter: @boardroominside

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