Learning from Nonprofit Boards

Nonprofit boards of directors and corporate boards have a lot in common. Both groups of leaders exist to guide and better an organization through strategic leadership. Board members bring their various talents and experiences to the table in order to collaborate for a better end goal.
learning from nonprofit boards

There are some innate differences between these two groups, though. For example, a nonprofit board focuses on gaining a deep understanding of its organization’s mission and seeks out ways to promote it in an ever-changing world.

For corporate boards, however, loyalty belongs to shareholders. As Beginnger’s Invest puts it, “The primary responsibility of a corporate board of directors is to protect the shareholders’ assets and ensure they receive a decent return on their investment.

The board of directors owes its shareholders the highest financial duty.”

Although these two types of boards have a different “chief goal” in sight, they can actually learn a lot from their counterparts.

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Better Boards: Avoid Data Inundation

If you’ve ever been to a board of directors meeting, you know that they are stuffed to the gills with information: documents for review, presentations, votes, financial reports, and so much more. These meetings are not for the faint of heart; board members spend a large amount of time poring over the latest company statistics.
Avoid Data Inundation

They have to be prepared to dive into a sea of data and information while maintaining a “big picture” mindset in order to help steer their organization into a successful future.

Most board members will tell you that data inundation is a major nonstarter and can make their role at your organization more difficult.

As one Business Insider columnist writes, “Boards are there to strategically direct management for success and growth—overwhelming them with data will get them in the weeds and off the strategic path.” In other words, if boards spend the majority of their meeting time reviewing past facts and figures, it hampers their ability to spend time in strategic brainstorming.

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Directorpoint Reviews: Our Users Share Their Experience

Directorpoint user experienceAlthough our accelerating company growth and 99% client retention rate rank us among the best in the board portal industry, we’re most proud of our world class customer service.

Being headquartered in the heart of the South, hard work and hospitality are in our DNA. And as avid college football fans living in the state of Alabama, we can’t help but borrow a play straight from famed head football coach, Nick Saban’s playbook.

Just as Coach Saban trains players to focus on winning each individual play, we at Directorpoint treat each customer as though they are our only customer.

We view each individual customer interaction as an opportunity to provide a uniquely positive experience. Because delighting our customers is a priority, we have built remarkably strong and mutually-beneficial client relationships.

How do we know our approach works? Because we ask our customers for feedback every single day.

If you want to see why all of these executives like using our product, click here to schedule a demo with our team today!

Read on for some firsthand reviews of our service from our clients.

Directorpoint Reviews and Testimonials

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Getting Your Board “On Board”

Boards of directors tend to be mature groups of leaders. With age, comes wisdom, after all! In fact, according to the executive search firm Spencer Stuart, average board member age has increased from 60 in 1998 to 63.1 in 2015. That means that right now in America, boards are largely populated by individuals born into the “baby boomer” generation.
Modern people doing business, graphs and charts being demonstrated on the screen of a touchpad

While the boomers are known for their tenacious work ethic and willingness to adapt, they were also raised in a less tech heavy era, which has lead to doubts about their capacity to keep pace with technological advances, especially when it comes to the board of directors.

The truth, however, is that the vast majority of boomers embrace technology as eagerly as their younger counterparts.

Here at Directorpoint, we’re big believers in the boomers—both in their ability to engage with new technology and also in their dedication to evolving for the betterment of their organizations. And that sort of positive transformation is exactly what we think our software offers to the modern day boardroom.

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