by Sandy Koehler, CAE | May 15, 2019 | Acumen Blog, Leadership
Developing and maintaining a productive relationship between your board and Executive Director is beneficial to the overall health of the organization and, most importantly, it helps keep the focus on your organization’s core mission. Working With Your Executive...
by Sandy Koehler, CAE | Apr 10, 2019 | Acumen Blog, Leadership
The boards of all nonprofit organizations, including associations, must fulfill three essential legal duties: the duty of care (utilizing prudence when making decisions) the duty of loyalty (providing allegiance to the organization) the duty of obedience (ensuring...
by Sandy Koehler, CAE | Mar 8, 2019 | Acumen Blog, Leadership
An important component of board governance that all leaders should be familiar with is the concept of antitrust. Violating antitrust laws can result in damaging fines and even prosecution. The Sherman Antitrust Act reads: “Every contract, combination in the form of...
by Betsy Smith, CPA, MST | Feb 22, 2019 | Acumen Blog, Budget & Finance, Leadership
Do you find yourself wondering where you should focus when looking at your organization’s financial statements? Your role as a board member includes a fiduciary duty of care to oversee operational results and to communicate those results to stakeholders. Here are a...
by Elizabeth Schlicht, CAE | Feb 5, 2019 | Acumen Blog, Leadership
Associations tend to be all over the board on how they use data and what they measure. In fact, you can get in just as much trouble trying to cope with too much data as you can without having enough data. Over the years we’ve come to learn that most associations have...
by Association Acumen | Jan 11, 2019 | Acumen Blog, Leadership
When the National Vehicle Leasing Association (NVLA) came to Association Acumen in 2014, the independent leasing community had been severely impacted by the Great Recession. Their net assets had dwindled and their marquee fund-raising event for the next year had not...