Some fascinating research has just been released about not for profit boards which is well worth a look.
The report is a timely reminder that we need to resource and better understand the needs of those serving on NFP boards. As the article notes, “For the thousands of New Zealand directors serving on the more than 100,000 not-for-profit (NFP) boards in New Zealand – that is an estimated one in 40 of us – being on the board is a labour of love.”
Some highlights identified in the article are the following:
- “NFP board members generally had little training for their board role relying instead on the experience they bought to the table from other roles. Those interviewed would welcome opportunities for practical hand-on opportunities to learn, including mentoring from experienced directors.”
- “A consistent strength of NFP governance was the board’s focus on achieving the NFP’s mission and vision. All boards interviewed were focused on achieving the best for those they served. We all should celebrate this dedication and determination.”
- “The research also questions the role of New Zealand’s governance community in valuing and supporting governance in this sector. A vast percentage of governance that happens in New Zealand, happens around a NFP board table. Investing in improving NFP governance will make an important contribution to strengthening our communities. NFP governance could be more widely discussed as part of governance conversations and a wider range of training, development and mentoring opportunities offered.”
The above are just a few highlights but the entire report is worth looking through for those operating in this area.
Dr Jo Cribb offers other information on her website here www.jocribb.co.nz and it is well worth checking that out as well.