Developing Board Leadership for Effective Governance
Learn about the core functions of a board, the importance of diverse boards in decision-making, and how governance committees drive responsible governance and strategic planning. Discover the formula for a successful board and explore the key elements of mission, plans, priorities, passion, time, and talent essential for a bodacious board. Understand the critical role of the board in development and how to ensure responsible governance for better outcomes.
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Presentation Transcript
Managing the Boards Role in Development David T. Shufflebarger Senior Partner
Formula for a Bodacious Board M + 3P + 3T = BB
Your Board It s all about leadership Serious moral, legal, and fiduciary business Diverse boards make better decisions
Core Functions Mission Governance Finance Development
Governance Committee Ensures responsible governance Drives strategic planning Sets expectations for Board membership
Governance Committee Identifies, qualifies, cultivates, nominates, orients, mentors, and evaluates Board members
M + 3P + 3T = Bodacious Board M = Mission 3P = Plans, Priority, Passion 3T = Time, Talent, Treasure
M = Mission Precise, owned, regularly reviewed, embraced Board is guardian Mission over money
1stP = Plans Strategic Plan Development Plan Personal Performance Plan
2ndP = Priority Top Top 3
3rdP = Passion The secret ingredient Puts you in top 1%
1stT = Time Non-renewable resource Most precious gift Specified in hours/weeks
2ndT = Talent Tied to core functions Don t assume a match All have development role
3rdT = Treasure Annual gift Major gift Planned gift Correlates with total giving
DO Set your sights high Understand it s all scalable Use septet of coconspirators
DO Staff them Train them Pair with a mentor Start with a winner
DO Remember they don t get paid Not because they are worthless But because they are priceless
DO Make this a priority Prequalify Quote average/top quartile
DONT Apply mushroom theory Believe we can t reverse trends Compromise or discriminate Say give, get, or get off
DONT Buy NANOE s lines: "Stop requiring your Board to fund raise. It's never worked. It never will Pay Board members they deserve it Boardsmanship IS NOT: Governance, Visioning, Policy-Making, Volunteerism, or Management
Transition Tough to move from staff-driven You can t change rules now but you can by term s end
Bonus Point 1 When people are known to give to charity, they appear more attractive to others -eHarmony/Just Giving
Bonus Point 2 Volunteering can be good for your health -Wall Street Journal
THANK YOU! David T. Shufflebarger Senior Partner