Wednesday, April 15, 2009

Educational Resources for Boards on Leading Through the Financial Crisis

The BoardSource website offers board and staff leaders resources for dealing with the present financial challenges. A recent article even offers 10 smart things a board can do now to address the financial crisis.
  1. Don't panic.
  2. Think strategically.
  3. Get a realistic picture of your organization's financial situation.
  4. Create a contingency plan.
  5. Work more closely with your chief executive.
  6. Step up your fundraising.
  7. Tighten your belt.
  8. Pump up your engagement.
  9. Evaluate your compensation structure.
  10. Be a mission guardian.

Click here to read the full article.

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