An executive committee is useful for nonprofits who need to accomplish their work quickly and efficiently. Some boards may have trouble defining the distinction between an executive board and a board.
The executive committee is made up of members who handle urgent issues and serve as the board’s ears and eyes between meetings. They usually consist of 3-7 members.
Typically, the executive committee has two chairs, namely a vice-chairperson and a chairperson, as well as secretary. The chairperson’s role is to guide the committee and serve as the voice of the board. The vice-chairperson assists the chairperson, and also serve as a substitute when needed. The secretary records meeting minutes and maintains a calendar of committee meetings and ensures that all members have access to committee documents.
While the executive committee is a subcommittee of the board, it still has the power to oversee the company. King advises a board to carefully consider delegating certain functions to an executive panel in order to avoid creating a unwelcome”two-tier” power dynamic in which the committee has decision-making power that, by law or constitution are the sole responsibility of the board.
An executive committee is a useful tool for nonprofits, particularly when it’s not possible or feasible for the board to meet www.boardroomsupply.com/flexibility-with-digital-data-room/ in person to address urgent issues. The executive committee offers leaders who are close with the organization through their leadership position a platform to take important decisions in areas such as top-level workplace concerns, organizational oversight, and development of the board.