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  • Five Fatal Flaws to Avoid in Your Next Board Review

    Five fatal flaws to avoid in your next board review: 1. A lack of purpose, rather than a lack of talent 1 Ask yourself, why are we doing a board revie...

  • Key Stages of Building a Financial Model for NFP Organisations

    Financial modelling is one of the most important tools a non-profit organisation can have under its belt. It can help in the planning of short and lon...

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Articles written By Melissa mMacpherson

Finance

The Funding Conundrum

The board of a not-for-profit organisation is ultimately responsible for the organisation, its impact and its activities. But what does this really mean? Many directors find it difficult to understand their responsibilities and often seek clarification, especially with respect to their role in ensuring financial sustainability and the part they play in fundraising and building organisational profile. Board directors are responsible for governing in line with their legal and fiduciary duties.

Melissa Macpherson
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Melissa Macpherson

Aug 13, 2018 · 5 mins

Board Performance & Metrics

Unleashing the Power of Purpose

In Aaron Hurst’s book ‘The Purpose Economy’, he says “purpose comes when we know we have done something that we believe matters, to others, to society, and to ourselves.” Hurst believes that the nature of purpose is often misunderstood, a point of particular relevance to leaders of for-purpose (not-for-profit) organisations both at board and executive level. Our suggestion is that there is untapped potential in connecting to the power of purpose – both at an individual and organisational level.

[Elise Sernik Melissa Macpherson]
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Elise Sernik, Melissa Macpherson

Nov 30, 2015 · 5 mins

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