Facing the Financial Crisis: 10 Smart Things Your Board Can Do Now

Posted on | April 21, 2009 | No Comments

1. Don’t panic.
2. Think strategically.
3. Get a realistic picture of your organization’s financial situation.
4. Create a contingency plan. 
5. Work more closely with your chief executive.
6. Step up your fundraising.
7. Tighten your belt.
8. Pump up your engagement.
9. Evaluate your compensation structure.
10. Be a mission guardian.

Source:  BoardSource

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