Nonprofit chief executives should have a title, PRESIDENT/CEO
By Eugene Fram
When nonprofit organizations reach a budget level of over $1 million and have about 10 staff members it is time to offer the chief operating officer the title of PRESIDENT/CEO. In addition, the title of the senior board volunteer should become CHAIRPERSON OF THE BOARD, and the title of EXECUTIVE DIRECTOR needs to be eliminated. Experience has shown that with a reasonably talented PRESIDENT/CEO at the helm, he/she can provide the following benefits:
- Build a trust culture between board, management and staff.
- Solve many operational problems that have previously been referred to the board.
- Operate with fewer standing board committees.
- Form a well-structured fund-raising partnership with board members.
- Develop an entrepreneurial theme internally
- Improve operational communications.
- Assist the board chair in conducting meetings in a more effective manner.
- Make certain board members have meaningful involvement in the affairs of the organization.
- Develop more cost effective programs and processes.
- Allow the board to focus on its major responsibilities, development of policies and strategies.
Source: Policy vs. Paper Clips – Third Edition (2011) Amazon. Com.
A complete list of my blogs on nonprofit boards/management is available at: http://bit.ly/yfRZpz