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BEST PRACTICES FOR BOARDS OF DIRECTORS
- Insist on financial transparency. Financial reports, bank statements, and investment account documents should be available to the board & members at any time. With solid treasurer oversight, a strong association management team should be able to handle the day to day financial transactions.
- Know your organization’s vision and mission…and make that your priority as a board member. What is your association’s why?
- Have a 30-second elevator speech that explains who the organization serves and the benefits of joining.
- Clearly delineate between board duties and staff duties. Have clear and concise roles and responsibilities between what your staff is tasked to do versus what the board is tasked to do. Staff should support your board with the tools you need to be successful in recruiting new members & planning profitable events.
- Include staff in board meetings. Without trust and partnership between the board and staff, less than optimal results will be achieved.
- Make sure meetings have structure and a solid agenda. Committee chairs & leads should be well prepared for meetings. Don’t waste volunteer time.
- Don’t be a micromanager. Let your committees do their job and take advantage of your staff.
- As a board member, your interests are first to the board, your business second. Think with your association hat, not your own business agenda.