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.
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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.
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