How to fix a collapsed Board

07/18/23 • 10 min

There are several reasons why a Board collapses, and it is never fun when it does. When the majority of the Board decides the situation is untenable and a lot of knowledge and history walks out the door, how do you recover? How do you rebuild?
In this podcast I discuss options for consideration, specifically in the NFP space. Bringing back stability and replenishing the Board requires an effective team with certain skills and components.
Do not be afraid to use external resources and specialists for Board recruitment. It is not about a quick recovery; it is about the right recovery process, one that is appropriate for your NFP.

Connect with me on LinkedIn or visit our website rightsource.com.au
If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.
Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.
Right Source Empowering Your Purpose Is Ours.

Previous Episode

Board Accountability

Who is accountable when Boards aren’t performing well? Technically it is the members, but for those working in the NFP space this is not always an effective relationship and can be very nuanced. In this video I discuss situations that affect Board accountability and highlight why it’s important to be proactive. It’s not only when Boards are performing poorly that we should concern ourselves with this topic.

A Board must ultimately be self-aware, and to effectively understand they need to monitor and measure their performance and have a process embedded in its governance.

Next Episode

What makes a good Board Chair?

What makes a good Chair? I have worked with many Boards, and I have worked with good and great Chairs. However, never have I come across a Chair able to do the litany of tasks required of a Chair.

In exploring the role and responsibilities of the Chair, which is always a much bigger role than it appears on paper, what is the common thread amongst Chairs and what makes them great? How do you go from a good Chair to a great one.

Connect with me on LinkedIn visit our website rightsource.com.au