Using Imperfect Metrics to Evaluate Organization and the CEO.
BY: Eugene Fram
At the beginning of the year, the directors conducting the evaluation and the chief executives agree on jointly developed goals and outcome expectations. The full board must ratify the goals, which should be achievable but challenging. Some goals are clearly quantifiable (e.g. membership data, revenues) and readily available.
Do boards set a dollar limit on the president/CEO’s fiscal discretion?
The chief executive should have complete discretion as long as he or she works within the budget and budgetary guidelines. However, if any major changes are needed, the board must approve them. For example, (more…)
Designating a ‘Lead Trustee’ Can Help Boards Improve Their Operations
Originally published by the Chronicle of Philanthropy, June 2, 2011, p. 34
By Eugene H. Fram
Few nonprofit boards do a great job of overseeing their organizations. Both nonprofit board members and CEO’s share that concern: Asked to rank their performance with academic-style grades by the nonprofit group BoardSource, chief executives gave their boards a C+, while board members gave themselves a B. (more…)
Nonprofit Management 