The overwhelming international response that I have had to my blog, “What’s in a name? Benefits of the President/CEO Title,” has motivated me to reissue this blog, which originally appeared in March, 2012
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, strategies and generative thinking.
Source: Policy vs. Paper Clips – Third Edition (2011) Amazon. Com. http://bit.ly/yfRZpz
A complete list of my blogs on nonprofit boards/management is available at: http://bit.ly/yfRZpz