One of the most significant differences between for-profit and not-for-profit organizations is in how they gauge organizational achievement. In for-profit organizations, success is often measured by the organization’s stakeholders simply by looking at the “profit” generated by the organization. For publicly-traded companies, success is frequently tied to the share price of the organization’s stock. It […]
Board Committees Deal with Governance, Staff Committees Deal with Administrative Matters It’s truly amazing how much some not-for-profit organizations (NPOs) accomplish given their limited staff and financial resources. How is it that in some NPOs, so few directors and staff members can accomplish so much? One of the prime reasons for this high level of […]
Many NPOs have difficulty relying on their board committees to function well. Too often, committees fail to accomplish their goals because the members have little or no training on how to work together cooperatively and effectively. How should committees be structured? How should the committee meetings be managed? How can committees work best with the […]
Given the steady change in volunteer directors, periodic strategic planning sessions are even more important for volunteer associations than for profit-seeking corporations. And yet, until recently, few associations have taken the time to conduct this serious planning exercise. How should they be arranged, who should be involved, what should be covered? Our experience in this […]
BC Law Reform Commission Recommended Conduct Policy Statement For Society ParticipantsBC Law Reform Commission Recommended Conduct Policy Statement For Society Participants Advice to the Society All people involved in a society –its members, directors, officers and employees– have duties they owe the society. This is a general statement of the legal principles that apply. It should […]
Few would deny that we have gone through a tumultuous period with the economy. There is no consensus as to how long the turbulence will continue—certainly for months, perhaps for years, depending upon which analyst you are listening to. However, most of us would agree that economic times are difficult right now, for our NPO, […]
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