Standards for Excellence Forum Quiz – The Answers!

Ribbon Cutting Ceremony from the Standards for Excellence Version 2.0 Forum

Guest Blog by Susan Fort

If you were unable to join us at the Standards for Excellence Forum on May 28^th, you missed a great event!  Click here for photos of the event.  During the Forum’s Governance panel, consultant Susan Fort gave answers to the governance versus management quiz. See the blog post “A Standards for Excellence Quiz – How well do you know your nonprofit governance versus management responsibilities” for the blog’s first listing of this quiz..

 

Check your answers below. Is the responsibility governance, management, or both?! We have put an X under “governance” and/or “management.”

We welcome your questions or comments.

Answer Key is an excerpt from Standards for Excellence Educational Resource Bulletin, The Board & Executive Partnership, page  6.

Key Responsibilities	Governance	Management
Advance the vision, mission, strategy, and desired results	X	X-The CEO and staff are involved in an organization’s planning processes
Provide fiscal oversight	X
Develop organizational budget and determine specific expenditures		X
Ensure a resource development plan	X
Evaluation, hiring/firing of CEO	X
Follow procedures for recruitment, succession planning, election, and adequate onboarding of board members	X
Day-to-day management, including execution of all contracts and agreements, accounts, and first media contact		X
Evaluation, hiring/firing staff		X
Program evaluation and outcome measurement (part of the annual and strategic plans, typically)	X	X

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