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Lessons for successful nonprofit governance
Author(s) -
Drucker Peter F.
Publication year - 1990
Publication title -
nonprofit management and leadership
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.844
H-Index - 54
eISSN - 1542-7854
pISSN - 1048-6682
DOI - 10.1002/nml.4130010103
Subject(s) - corporate governance , business , work (physics) , function (biology) , nonprofit organization , public relations , executive director , management , political science , economics , finance , mechanical engineering , evolutionary biology , engineering , biology
Boards of nonprofit organizations malfunction as often as they function effectively. As the best‐managed nonprofit organizations demonstrate, both the board and the executive are essential to the proper functioning of a nonprofit organization. These administrative organs must work as equal members of a team rather than one subordinate to the other. Moreover, the work of the executive and the board does not divide neatly into policy‐making versus execution of policy. Boards and executives must be involved in both functions and must coordinate their work accordingly. In a well‐functioning nonprofit organization, the executive will take responsibility for assuring that the governance function is properly organized and maintained.