The holiday season is a time of giving, but if you’re an upper-level manager, you may be panicking because your board of trustees can be a thorn in your side when it comes to our Christmas shopping list. Typically, board members are upper-middle class or upper-class people who are well established in the community and know everyone. In other words, they already have everything they need. There are plenty of executive business gifts on the market, but which ones will suit your board members?
First, consider the role of the board of trustees within your business or organization. Do these community members meet a few times every year to discuss the budget? Are they involved with every aspect of the business? Are they paid? Are they shareholders in the company? In general, the more work the trustees put into the company, the more money you should spend on their executive business gifts. Remember, there are plenty of gifts at YesGifts.co.uk that look expensive but are surprisingly affordable. However, some promotional T-shirts are probably not appropriate!
Unless, of course, you run a clothing business that specialized in promotional T-shirts! Take into account the very nature of your business. The executive business gifts you choose for board members of a construction company will be different than the executive business gifts you choose for board members of a stock broking company, and both will be different than those executive business gifts you choose for the board members of a hospital. You don’t have to have a theme to your gift (ie, hammers for the construction company board or stethoscopes for the hospital board), but you should take into account that different businesses dictate the need for different gifts.
Also consider the lives of the board members. When someone is one a board of trustees, they often also have a different full-time job. In many cases, you’ll find similarities. For example, a non-profit organization focusing on education might have a board of trustees made up of many stay-at-home mothers. For them, a corporate carrying case doesn’t make sense. At the same time, a board of trustees for a restaurant chain may all be involved in the business world. For them, corporate carrying cases make a lot of sense.
Of course, always purchase the same thing for all members of the board. Playing favorite could put your relationship with the board in jeopardy and, if nothing else, will make some board members feel unappreciated. Set a budget for gifts and divide that total budget by the number of member on the board. This will dictate how much you can spend on each person. Luckily, executive business gifts like desk clocks, polo shirts, and conference folders don’t have to be expensive.
The weight of purchasing executive business gifts for board members should fall on an upper-level manger who is not a member of the board. Someone who works in the budget department is a good choice for this task, or it can fall on the head of the vice-president of the company. When in doubt, suggest the idea to the highest authority who is not on the board of trustees. Together, you can work to choose the perfect holiday gift to show your board members that you appreciate the work they do for the company.
The Board Of Trustees
Many nonprofit organizations contain term limits in their by-laws for members of their Boards of Trustees. Some of the Boards on which I have served have different provisions. One provided for three year terms, with no more than three consecutive terms before the member was required to take at least one year off the Board. Another provided for annual terms, with no more than five years on the Board. Another allowed a Board member to serve for no more than a total of three terms of two years each.
There are a number of good reasons for these provisions. They encourage new points of view, different mixes of ideas at the table, and expose the organization to more individuals within the community. However, there are also challenges that must be addressed when there are term limits, most having to do with the ongoing process of nominating qualified people to the Board. If nonprofits use the checklist below, they will make the job of replacing Board members more efficient and more beneficial to fulfilling the mission of the organization.
1. Form a nominating committee. When there are too many people contributing to the selection, the process becomes encumbered. It is much more efficient to select three Board members to prepare a list of candidates to the entire Board for their selection.
2. Look for talents that are missing on the Board. Think about selecting an attorney, or an accountant, for example, to be able to have their expertise as part of the Board decision-making process.
3. Look for diversity. Every nonprofit Board must account for the makeup of its constituency, and provide adequate representation on the Board. Select on the basis of fulfilling gaps in gender, race, age, economic circumstances, and geographic location.
4. Find people who are truly committed to the success of your organization. There are a lot of people who compile a list of their Board positions as if they were applying for a job. Make sure your candidate has a proven record in supporting the purpose of your nonprofit.
5. You must decide on whether you want to have a “rubber stamp” Board, or one that thrives on acrimony. There are places for both, and one is not necessarily preferable over the other. It is a matter of evaluating the strength of your Executive Director, and deciding whether you want to provide support for their policies, or give them the benefit of contending with alternate points of view.
6. There are some good arguments for selecting people who will likely become or are significant financial contributors to the organization. However, selection on the basis of honoring their support is no substitute for evaluating their potential contributions to the decision-making process.
7. There should always be an “A” list and a “B” list. The “B” list should be arranged in order of preference. It is used to provide alternates in case any of the invitations to the “A” list are not accepted.
8. Institute an orientation program for new Board trustees. It is a daunting task for someone to acclimate themselves to the culture of your Board, and giving them the opportunity to become familiar with your history, your facilities, your staff, and your current issues, will be very beneficial for them and make them productive in shorter time.
9. When inviting a person to come on your Board, be very clear that yours, like most nonprofits, consider fundraising an essential function of each Board member.
If you adhere to these nine points, you will fulfill your nonprofit fiduciary obligations, as well as keeping your Board vital, active, and effective.
Both Tina Rinaudo & Jim Gould are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Tina Rinaudo has sinced written about articles on various topics from Promotional Advertising, Home Improvement and Promotional Advertising. Tina Rinaudo is one of the leading lights in the UK industry. Tina is a key member of YesGifts, the UK's fastest growing online. Tina Rinaudo's top article generates over 135000 views. to your Favourites.
Jim Gould has sinced written about articles on various topics from Business and Finance, Fundraising. Jim Gould is the Chairman of Fundraising Solutions, a fundraising company that offer a and. Jim Gould's top article generates over 4400 views. to your Favourites.
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