Nonprofits boards of directors have common flaws and dysfunctions; the problems are analyzed with some proposed solutions offered by Stanford researchers.
"A new survey supports a long-held hypothesis that many nonprofit boards are ineffective, say Stanford GSB researchers.
"The survey of 924 nonprofit directors revealed a significant minority are unsure of their organization’s mission and strategy, dissatisfied with their ability to evaluate their organization’s performance, and uncertain whether their fellow board members have the experience to do their jobs well.
“'Our research finds that too often board members lack the skill set, depth of knowledge, and engagement required to help their organizations succeed,' says accounting professor David F. Larcker, the lead researcher."--Shana Lynch, Insights by Stanford Business