Annual General Meeting preparation often requires a significant investment of time to execute. Given the importance and level of investment to stage an AGM, it would be prudent to have a detailed post-AGM plan to execute the business arising from the meeting. With the AGM adjourned, what's next? Here are a few suggestions that should be carried out in the weeks to follow...
While charities have been publishing annual reports for many years, the leading charities have learned how to leverage the reporting to retain and attract stakeholders and donors to support the cause. Their success, in my opinion, is found in their ability to 'tell their story' in a compelling way, while being accountable and transparent when reporting significant activities (the good and the bad) of the past year.
I wish I could say every charity operates beyond reproach, however there are recent cases where governance volunteers and executive management have failed to be vigilant executing their fiduciary roles and responsibilities. These situations highlight that goodwill is not sufficient and nonprofit leaders need to arm themselves with the knowledge, skills and aptitude when assuming their respective roles.
Every charity needs a healthy culture of philanthropy and this starts with the leadership behavior of each and every governance volunteer. Board members serve as role models to employees, donors and all other stakeholders and this includes demonstrating support with all facets of the fundraising cycle.