Every new non-profit reaches an age at which the founders realize they require additional hands, advice and more https://mindboardroom.com/how-to-host-successful-online-board-meetings/ direction. Many nonprofits set up an executive board at this point. Not all boards are exactly the same. In fact, there are several governance models that can be used to ensure your charitable organization is effectively managed and serves the stated objectives.
The advisory model is one of the most popular models for governance in nonprofits. This model allows an executive director to speak with a panel of advisors regularly to get suggestions on how to run a non-profit. The governing board could be different or similar than the advisory board based on the terms agreed on. The cooperative governance model is another common model. This is a highly democratic system that distributes the power equally among all board members. It works best for those organizations that are not legally required to have the chief executive officer.
The Policy Board Model is also very well-known. It was created by John Carver, this governance model is a great tool for establishing guidelines that management and the board must adhere to.
Although all of them are excellent models, they might not be the ideal suitable for your nonprofit. It is typical for nonprofits to employ an overall governance model to which they will add additional models in order to meet their specific needs. This mix of systems can help your organization thrive and reach its goals.