There comes a time in every nonprofit that founders recognize they need advice, direction and pairs of hands. This is when many form the board of directors. But not all boards function in the same way. There are many governance models that can be used to ensure that your charity is managed in a way that is effective and www.mindboardroom.com/automated-workflow-with-virtual-data-room-software/ serves its stated goals.
One of the most well-known governance models for nonprofits is an advisory model. This permits the executive director to regularly consult with an advisory board for advice on how to run the non-profit. The governing board may be the same as or different from the advisory board depending on agreed-upon terms. The cooperative governance model is a common model. It is a democratic system that distributes the power equally across all board members. It is ideal for organizations who are not legally required to have a chief executive officer.
The Policy Board Model is also very popular. Developed by John Carver, this governance model is a great tool for developing policies that management and board must abide by.
While all of these are excellent models, they may not be the right option for your nonprofit. It is typical for non-profit organizations to utilize a central governance system to which they add other models in order to meet their unique needs. This mix of systems can help your organization grow and achieve its goals.