Nonprofit Boards: Take Heed of the Lessons of the University of Virginia

There continues to be upheaval emanating from the board rooms of major nonprofit institutions, including The Susan G. Komen Breast Cancer Foundation, Penn State, and the University of Virginia. The facts will emerge over time as various perspectives are shared and evidence is revealed and examined. In the meantime, boards must realize that bad practices of old are no longer tolerated in this era where very little can be hidden from the public eye.

In a world where public and private organizations are held accountable for their decisions and the ramifications for the people they serve, boards must take their responsibilities seriously. In order to be effective, boards must be comprised of people with the diversity of experience and backgrounds necessary to fulfill the role of the board, create a culture where key issues are deliberated openly and thoughtfully, and process is respected.

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Korngold Consulting LLC assists corporations in building fully integrated, high-impact CSR strategies, including leadership development through nonprofit board service. Korngold Consulting trains and places business executives on nonprofit boards, and consults to nonprofit boards and leaders to strengthen governance for financial and strategic success.