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News & Press: IoDSA in the Press

Improving board performance in non-profit sector

24 April 2017   (0 Comments)
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IoDSA announces sponsorship programme

Poor board performance and lack of governance understanding can be devastating, as
evidenced in the scandals that plague many of our state-owned enterprises. But during a time when the state is losing capacity and credibility, we must remain conscious of the amount of good work that the non-profit sector does in various areas. For this reason, The Institute of Directors in Southern Africa (IoDSA) is offering a sponsorship programme designed to support organisations and their directors in the non-profit sector.

 

Angela Cherrington, IoDSA CEO, says the sponsorship has been made to support a vital
sector of South African society. “These sponsorships are designed to strengthen non-profit organisations and their leaders and enhance their performance.”

 

The sponsorships cover director training for five people, a half-day governance induction programme for two organisations, and basic board appraisal for two organisations. Cherrington adds that many non-profits do not have the financial leeway to earmark funds for developing institutional capacity, primarily owing to the pressure to support their beneficiaries.

 

The three types of sponsorship cover key areas of the IoDSA’s expertise. Its board appraisal services offer independent, structured assessment of board performance across a number of categories by experienced directors. “These appraisals are designed to help boards identify areas that need focus, with the aim of developing practical improvement plans. Better board performance is ultimately reflected in better organisational performance,” Cherrington notes.

 

As the custodian of the King Reports on Corporate Governance™, the IoDSA is well-placed to offer deep insights into governance and its purpose.

“Boards have a critical role to play in ensuring that any organisation has the right strategy in place, and that it is on track to achieve its strategic goals,” Cherrington concludes. “Our hope is that these sponsorships will play a small part in helping the vital non-profit sector go from strength to strength.”

 

More information on the sponsorships, and how to nominate candidates, visit

http://bit.ly/2p8cY0I

 


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