Nonprofit & Business Directors Must Be Vigilant – Board Liability Costs Could Be $2.2 Million!
By: Eugene Fram
The personal cost of director inattentiveness is made painfully clear in an important federal appeals court decision. The U.S. Court of Appeals decided the decision, in re Lemington Homes, on January 26, 2015 for the Third Circuit. … [T]hese difficult facts arose from a small, nonprofit organization. … (more…)
The 12 New Year’s Resolutions EVERY Nonprofit Board Should Make
By: Eugene Fram Free Digital Image by Stuart Miles
Now that we’ve moved into December, I’m starting to see a bigger and bigger number of articles on one specific topic – New Year’s Resolutions.
And I came across some interesting numbers.
More than 40% of Americans make New Year’s Resolutions – exceeding the 33% who watch the Super Bowl each year. But as many as 80% of those “self-promises” fail by the end of February, and ultimately only about 8% are actually kept.
There’s a solution, of course. The experts who understand these things – say there’s a much higher likelihood that you’ll stay on your New Year-inspired self-improvement path if you come up with resolutions that are clear, simple, tangible and observable (measurable). The goal, of course, is to create positive impacts for clients.
I have to tell you: Not only did this advice make tremendous sense to me; it also inspired me.
After all, if regular folks can make resolutions and find a path to success, why shouldn’t organizations do the same?
And that’s especially true of all types of nonprofit organizations – which will face one of their most-challenging environments in years in 2019.
So I devised a list of Resolutions every nonprofit leader should consider in the New Year.
And here’s how to do it: (more…)
