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Article Archives >> Risk and Reward >> October 1-15, 2009

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Governance Matters
By Melanie Lockwood Herman

Strengthening the governance practices at your nonprofit requires more than a checklist or handbook touting “do’s” and “don’ts.” Leaders who want to inspire good governance must take the time necessary to look beneath the surface of often complex governance issues and commit to remedying issues that stand in the way of the board discharging its legal duties and providing exemplary leadership.

Lessons about good governance sometimes arise in my work as the Center’s CEO. Last year a brand-new Nonprofit Risk Management Center board member questioned the Center’s lack of a CEO succession plan. Despite my experience teaching nonprofit leaders that succession planning is a key component of risk management, my visceral reaction was that the new board member was possibly planning (plotting?) my “early” retirement!

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Article Archives >> Risk and Reward >> October 1-15, 2009