Management vs. Governance
Even though it is the beginning of the summer, I am already planning for late summer and early fall board retreats. There are many components of a good board training. None more important that reviewing the difference between management and governance.
With all that has been written on the subject, I still like this from Great Boards.
A governing board functions best when it focuses on higher level, future-oriented matters of strategy and policy and performs its oversight responsibilities in a rigorous but highly efficient manner.
These Seven Guiding Questions Whether the Board Should Be Involved by Barry Bader are worth saving.
- Is it big?
- Is it about the future?
- Is it core to the mission?
- Is a high-level policy decision needed to resolve a situation?
- Is a red flag flying?
- Is a watchdog watching?
- Does the CEO want and need the boardʼs support?
Keeping the board focused on governance and allowing the professionals to perform their management functions are key for healthy board and executive relationships and for board effectiveness.
Nanette Fridman, MPP, JD, is founder and principal of Fridman Strategies, a consulting firm specializing in strategic planning, financial resource development, governance and leadership coaching for nonprofits. She is a frequent trainer, workshop presenter, speaker and facilitator. Nanette is the author of “On Board: What Current and Aspiring Board Members Must Know About Nonprofits & Board Service.”