As part of ethical in organization, Board of Directors has a responsibility and opportunity to ensure the entire organization is attuned to high ethical standards and also aligned with values, goals and objectives of the organization. Foremost, in a profit organization, the board’s primary objective is to oversee the organization’s business activities and management for the benefit of all stakeholders, including shareholders, employees, customers, suppliers, and the community. In a non-profit organization, the board reports to a different set of stakeholders in particular, the local community that the non-profit
The case study I chose is an annual publication for developing excellence in nonprofit organization. The case study I will focus on is; Fostering Effective Relationship Among Nonprofit Boards and Executive Director. The results of this case study entail communication among board members and the executive director. The findings in this case study is that communication must be implemented by the executive order of a nonprofit organization
The nonprofit board and its governance are critical to an organization’s success. Brown (2007) stresses the need for governing boards to be informed, effective, and engaged, especially because the current environment (i.e. increasing competition for resources, etc.) demands high-quality board performance. The purpose of this paper is to examine existing literature as it relates to nonprofit board governance and performance. This analysis includes an examination of nonprofit boards’ roles, responsibilities, and functions along with a review of best practices. In addition, board roles and best practices, and their correlation to board performance is emphasized. Finally, a discussion of the practical implications of the literature as it relates to DavidsonWorks’ board ties the literature to real-world application.
“The governing board of a non-profit organization holds ultimate responsibility for ensuring that the organization serves its mission and for the overall welfare of the organization itself.” (Worth, 2017) This week’s reading was about how boards of non-profit organizations or better known as “governing boards”, operate and the types of responsibilities they have. Before taking this class, I thought that boards held the same responsibilities and held the same amount of power. Elected boards, self-perpetuating boards, appointed and hybrid, and advisory boards were discussed in this chapter. I was able to learn about the advantages and disadvantages of each board. For example, an advantage of a self-perpetuating board would be the board is able
Founded in 1942, the Ad Council is non-profit organization that delivers and benefits the lives of society every day. This organization works with tons of companies to promote powerful messages that would have an extreme impact across the country. The Ad Council continues to be the dominant producer in the United States for public service announcements changing the lives of many.
Yes, I wholeheartedly agree that more emphasis should be placed on the Board of Directors when it comes to ethics, morals and philanthropic. Important roles of the BOD are to provide the mission, vision, goals and overall direction of the company. It is also important that recruit a CEO who poses the same work ethics and moral characteristics to implement the vision and goals of the BOD. When it comes to helping those that are less fortunate, it is important that BOD are honest and act as humanitarians and not use this as an opportunity for self-gain
At the center of any successful nonprofit organization there is an effective chief executive and board of directors. These leaders must work as a team with a vision and specific skills, to effectively produce resources in order to accomplish the organization's goals. The majority of the decision making authority and leadership is shared amongst board members; however, critical management skills and day-to-day operational decisions rest within the authority of the chief executive. However, members of the board must also be sufficiently skilled in management in order to assess the work of its director to assist in the implementation and evaluation of strategic decision making.
The non-profit agency I selected for my essay is one that is very familiar to me. Between my father and my husband, I have spent a total of thirty-two years as a military dependent. During those years, I became very familiar with the United States Organization (USO) and what it offers military service members and their families. The USO will always be a reminder of wonderful memories for me. I distinctly recall the time my brothers and I napped on the sofa at the Guam airport during an extended layover on our long journey to Okinawa, and when I tasted jager schnitzel for the first time while visiting a friend in Berlin. In my mind, the USO will always be a safe haven and a place of comfort for military members and their families.
Nonprofit organizations are committed to accomplishing charitable objectives. They make available necessary assistance to persons who require direct support or are considered in danger, in a weakened position or otherwise considered underprivileged. The boards of nonprofit organizations exist to safeguard that management stays focused on the charitable mission and manages resources efficiently. Therefore, when considering potential appointees for board service, the organization must deliberate upon individual credentials, the culture of the group and inclusive composition of the board.
Nonprofits are made up of key team players that contribute to all of the work that goes into making the organization a success. Without members who don’t align with the core values, mission, and ethical practices of a nonprofit it cannot produce the outcomes it desires. A governing board is the group of people entrusted with and accountable for the leadership and governance of a nonprofit corporation (Renz, p. 127). This board holds the accountability and trust for the community and clients it serves. The importance of these members and their actions for the organizations they work for contribute to the success and good work it produces for the community they serve. Stated on p. 136 by David O. Renz “Nonprofits exist to meet community needs, and it is important for the board to be well connected to both sets of clients so it can make legitimate and useful judgments about whether the organization’s programs and activities are valued by those they are designed to serve,” exemplifies how nonprofits practice ethics through their
A not-for-profit organization responsible for the provision of leisure services would be Boys & Girls Club. This is an organization that truly holds up the values of being a not-for-profit organization. Their mission is "To enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens" (Boys & Girls Clubs of America, 2013). With a mission such as this it is obvious that this is an organization that is about the youth and enabling them to grow as individuals.
Ethics are values and principles that individuals use to govern his decisions and activities. Ethics are about moral judgment of an individual about right and wrong. In an organization, code of ethics refers to set of guiding principles and organizations use these principles in their policies, programs, and decisions for business. Within organizations, decisions are taken by groups or individuals and these decisions are influenced by the culture of the company. Decision making and relevance of ethics may also differ for nonprofit and for profit organizations. In contemporary business environment, organizations must have a clear ethical policy and implement it in proper manner. There are many social, legal and economic outcomes that company has to face in case of any ethical dilemma, so there must be a smart strategy to deal with ethical dilemmas. In this paper, we will address the ethics for nonprofit and profits organizations, ethical dilemmas being faced or faced by each of these companies and the outcomes of these ethical dilemmas. Critique of actions of each of these companies will be provided from the point of view of applicable philosophical theories of organizational ethics.
Nonprofits are still mainly volunteer based but they are now more organized and articulate than ever. Most nonprofits are comprised of a group of people to oversee the volunteers and they are commonly known as the Board of Directors. Sometimes referred to as the board of trustees or the governing board, these people are entrusted with the major decisions of the organization and are responsible for providing leadership and directions for the nonprofit (Arshad). The Board of Directors are usually members of the community that have been elected to act as management and they make major decisions for the organization. These members are the governing body of the nonprofit and they are responsible for overseeing the organization’s activities (Grobman).
The board of a nonprofit organization plays a major role in the organizations processes and effects. Chris Morfas, the Board Chair of the nonprofit organization “California Bicycle Coalition” makes it clear that “it’s the board’s role to establish the long-term strategic direction of the organization: its mission, vision, values and goals” (Best Practices in Board-Staff Relationships). As a board, we are responsible for the direction, oversight and resources for the organization. The board steers the organization as a whole in the right direction, making sure that its mission is being respected and upheld. To do so, the board oversees and monitors the activities and overall behavior of the organization, making certain that no actions done
Prior to constructing a nonprofit board, the basic responsibilities and duties of its members must be determined. These functions are steered by the organization’s mission and goals. BoardSource (2012) furthers this by stating, “The board should review the mission periodically – for example, at the beginning of every strategic planning process – to make sure it remains useful and valid” (p. 9). A NPO’s mission and vision statements communicates the organization’s purpose, identifies the group(s) it serves, and provides direction for how the organization will achieve these goals. It is important to understand that these statements are not solely external messages, however, they are also used internally to stimulate and impact the board and staff, establish goals and evaluation measures, and stimulate successful governance through the strategic planning process. Board members who are entrenched in the mission are better able to fulfill their governance duty as it keeps the organization’s true focus at the forefront of decision making.
As many countries around the world, have you ever wonder if they all have similar laws and regulations like in the state? I was born and raised in Vietnam until I was eleven years old before I moved to the state. After learning about non-profit organization in accounting 561, I have done the research to tell you about non-profit organizations rules and regulations in Vietnam such as types of organizations, tax laws, public benefit status and more.