Having an executive committee can be beneficial for non-profit organizations that need to get work done quickly and efficiently. However, some boards might be confused between an executive committee and the board of directors.
The executive committee is a group of board members that act as the board’s eyes and ears in between meetings and are responsible for handling urgent issues. They are typically made up of three to seven members.
Typically, the executive committee has an executive chairperson and vice-chairperson as well as a secretary. The chairperson’s task is to be the voice of your board and also to oversee the committee. The vice chairperson assists the chairperson and also https://boardroomsupply.com/flexibility-with-digital-data-room/ can stand in for them should they need to. The secretary keeps the minutes of meetings, a calendar for the committee, and ensures all members have access committee documents.
Although the executive committee is a subcommittee within the board, it is the sole authority to oversee the company. King suggests that boards be cautious about delegating tasks to an executive panel, to avoid creating a threatening”two-tier” power dynamic in which the committee is empowered to make decisions that, by law or constitution belong to the board.
An executive committee can be helpful for a nonprofit especially when it’s not feasible or even possible for the board to convene in person with a short notice to discuss urgent issues. The executive committee provides an opportunity for those who are close to the organization via their leadership to make crucial decisions in key areas like high-level workplace issues, organisational oversight and board development.