Peg Jackson, DPA, CPCU

Five Strategies for Boards

 

1. Learn what is expected of you as a board member.

 

2. Become financially literate. Learn how to read and interpretall of the organization’s financial reports.

 

3. Learn about all of the business or nonprofit’s operations.

 

4. Take the organization’s “pulse” to determine if all of the internal controls are in place and working.

 

5. Learn about the new legal and legislative expectations for boards. Board members are now accountable for everything that occurs in a business or nonprofit.