Family businesses represent about 90% of American businesses, yet many struggle to survive into the 2nd and 3rd generations. This is often due to unclear roles. Here are the 5 vital roles that work together to create a successful family business.
Read moreWhich Hat Are You Wearing? 5 Hats Every Board Member Must Manage
When you sit on a nonprofit board, you must know which hat you are wearing - personal, family, governance? If you confuse these hats, it can have a negative impact on the organization and your credibility. Here’s how to best manage your different roles.
Read moreBoards: How to Improve Your Board’s Effectiveness [VIDEO]
A well-functioning team, where everyone understands their role and works together, is a thing of beauty to watch. Sadly, we often see boards that do not function this way. Here are five ways to improve the effectiveness of your board of directors.
Read moreNonprofit Structure: Keeping Your Board Engaged
Over the years, we have heard many nonprofit leaders complain about various aspects of their boards. Some board members have even expressed that they dread attending board meetings or that they feel like the board is nothing but a rubber stamp for the organization’s director! To have an effective nonprofit structure, you need a healthy board with members who are engaged. This will help the organization maintain its momentum. However, too often, making sure the board is doing meaningful work is overlooked.
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