Community, Nonprofits and Businesses sharing Information
What should happen when a nonprofit board learns that its CEO does not actually have the credentials he claims?
Recently in Hartford, CT the 17-year CEO of a nonprofit charter school enterprise resigned pretty much on short-notice. The reporting source, WFSB on-line, tells that word had circulated that the CEO was not a PhD. According to the report it's…
Added by Mike Burns on June 26, 2014 at 9:24am — No Comments
It is pretty much the practice of nonprofits to establish board term limits. Most common among these practices is the 2-3 year term and 1 year off rule recognizing that for large organizations, 3-3 year terms takes into account the learning curve that may be needed to create effective boards. Admittedly, there are quite a number of nonprofit boards that I have encountered that do not implement their term limits for all kinds of lame reasons: we don't want to lose our invaluable member (what,…
ContinueAdded by Mike Burns on June 19, 2014 at 12:12pm — No Comments
A recent shake-up in a nonprofit dependent on its credibility and adherence to high ethical standards can serve to remind nonprofit board and staff that conflicts of interest are not specific to board members alone.
"The CFA Institute (Chartered Financial Analyst Institute) is best known for administering the Chartered Financial Analyst exams, a rigorous test of financial analysis and ethics. This year, nearly 150,000 candidates from 179 countries registered to take one of the exams,…
ContinueAdded by Mike Burns on June 12, 2014 at 8:41am — No Comments
How much does diversity really matter to an organization--externally?
A New York Times article took a look at how today's organizations may have even put into their policies a commitment to diversifying their boards but have very little to show to this commitment. The Times asks: Companies today earn points…
Added by Mike Burns on June 5, 2014 at 8:55am — No Comments
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