Document Detail


Redefining the board's role in fiscal planning.
MedLine Citation:
PMID:  10120436     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
Board approval of an operating budget, a traditional exercise of board authority, can trivialize board leadership and stultify managerial prerogatives. Considered within a new governance paradigm, conventional budget approval is not only unnecessary, but dysfunctional. This article argues that boards should proactively establish policy for financial planning and then require administrative budgeting throughout the year to meet the policy criteria. The result is that boards stay focused on the bigger issues, particularly program priorities and goals, leaving managers the authority to create and adjust budgets within policy boundaries.
Authors:
J Carver
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Publication Detail:
Type:  Journal Article; Review    
Journal Detail:
Title:  Nonprofit management & leadership     Volume:  2     ISSN:  1048-6682     ISO Abbreviation:  Nonprofit Manag Leadersh     Publication Date:  1991  
Date Detail:
Created Date:  1992-10-19     Completed Date:  1992-10-19     Revised Date:  2005-11-16    
Medline Journal Info:
Nlm Unique ID:  9885985     Medline TA:  Nonprofit Manag Leadersh     Country:  UNITED STATES    
Other Details:
Languages:  eng     Pagination:  177-92     Citation Subset:  H    
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MeSH Terms
Descriptor/Qualifier:
Budgets / organization & administration*
Decision Making, Organizational*
Governing Board / organization & administration*
Leadership
Models, Theoretical
Organizational Innovation
Organizational Objectives
Organizations, Nonprofit / economics*
Role
United States

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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