It is a good practice to read through and review your Constitution annually to ensure it remains fit for purpose. And if there are changes required, it is important that these aren’t put off because the process seems intimidating or too difficult.   Updating a constitution to stay in line with an organisation's evolution, is critical to governance and not as impossible as you might have thought. 

In today’s video we discuss the process of making changes to your constitution; how to make changes and what to consider.  If this is something you wish to do this will get you started.  

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Are you following Best Practice in governance? This term is utilised in many board discussions and is often taken as the ‘way’ of doing things. However best practice isn’t always “best” for your Board, especially when looking through the eyes of a high performing Board. In this video I’ll explain why, from the perspective of a high performing Board. 

Does best practice make a better Board, or is it something else? Feel free to share your comments, head over to Right Source YouTube or LinkedIn.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

As the CEO of an NFP, telling your story in meaningful and consistent ways is vital to delivering on your purpose.  In this video I discuss storytelling through the language of accounting, and why the CEO, Board and stakeholders should speak it regularly to tell their story. Creating a meaningful story with the numbers on the page may be challenging at first, however when spoken regularly, this unique approach has many benefits. Using the language of accounting in storytelling creates consistency and aligns your purpose throughout the organisation. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Are there too many not-for-profits?  Is this causing the NFP sector to be ineffective?  Would consolidation improve efficiency in the NFP space?  These questions frequently play into conversations. However, let’s not forget, in the NFP space our DNA is all about finding solutions to problems not yet solved. In this video I discuss the consequences of NFP consolidation and offer an alternative. With NFPs being a space of innovation, I believe there is a better solution.  

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

How does an independent Company Secretary contribute to a high-functioning Board?  Why would a Board consider recruiting an independent CoSec when they can source this role in-house?  

In today’s video we consider this specialised role from the truly independent perspective, as there are many benefits to an outsourced solution.  A governance professional who can make calls and give advice with courage, from a place of independence, brings a lot of value to a Board.  

Some benefits include improved training, continuity, skills base, a peer for the CEO, board level mindset and strategic outlook.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

As a Board Chair, are there skills you bring to the role other than being able to run a Board meeting? Would not having to run the Board meeting allow you to add more value in the role of Chair?

With NFPs being all about innovation, it’s only natural that they would be drawn to solutions that allow the Chair and leadership team more time to what they do best in the role, utilizing their own unique skill set for the organisation.  

Running a good meeting requires specific skills.  In this video I discuss some innovative options to support the Chair and Board without modifying their Board responsibilities. The NFP sector stands to gain a lot from outsourcing Board Facilitation as it ends in great results for all concerned.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

What makes a good Chair?  I have worked with many Boards, and I have worked with good and great Chairs. However, never have I come across a Chair able to do the litany of tasks required of a Chair. 

In exploring the role and responsibilities of the Chair, which is always a much bigger role than it appears on paper, what is the common thread amongst Chairs and what makes them great?  How do you go from a good Chair to a great one.

Connect with me on LinkedIn visit our website rightsource.com.au

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

There are several reasons why a Board collapses, and it is never fun when it does. When the majority of the Board decides the situation is untenable and a lot of knowledge and history walks out the door, how do you recover? How do you rebuild? 

In this podcast I discuss options for consideration, specifically in the NFP space. Bringing back stability and replenishing the Board requires an effective team with certain skills and components. 

Do not be afraid to use external resources and specialists for Board recruitment. It is not about a quick recovery; it is about the right recovery process, one that is appropriate for your NFP. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Who is accountable when Boards aren’t performing well?  Technically it is the members, but for those working in the NFP space this is not always an effective relationship and can be very nuanced. In this video I discuss situations that affect Board accountability and highlight why it’s important to be proactive. It’s not only when Boards are performing poorly that we should concern ourselves with this topic.

A Board must ultimately be self-aware, and to effectively understand they need to monitor and measure their performance and have a process embedded in its governance. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

We are often asked if we help with NFP Boards that are performing poorly, and this often leads to some interesting conversations. 

The most common being what defines a poor performing Board and how you accurately judge poor performance. In my experience, looking into poor Board performance can be a very subjective exercise. Here I discuss some insights about how to identify poor Board performance, as well as what can help assist the Board to improve and serve the organisation’s purpose. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

The history of director independence and how we have dealt with conflicts in the past, can assist and guide us in the future. How do you determine director independence in your NFP, and should you? 

There are unique considerations for NFPs, because they are set up by people who have a personal interest from the start, for example they been affected by an illness in some way or are heavily invested in a cause. So there is intrinsically, a conflict. Here I discuss what to look out for when considering director independence.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Have you considered the Federated Model structure for your NFP?  This week we continue the topic of Federated Models and discuss the benefits and opportunities.  I also deliver thoughts on when and why, NFPs don't merge.  While federated models can be a joy for some and frustrating for others, it is important to obtain clarity on your structure requirements.  The points raised here will aid the conversation, however if you have questions about federated model structures or NFP Governance, feel free to contact us.

Listen to the podcast episode NFP Federated Models - Part 1

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

There are many reasons why an NFP would look to merge or be acquired but like everything, a merger or acquisition is more likely to succeed if you have a plan or strategy to achieve it rather than just hoping.   

In assessing the viability of a merger or acquisition it’s important to obtain the ‘why’ and the ‘common motivation’ for all in this process.  In today’s video I’ll discuss the merger process for not-for-profits and touch on a few key areas for consideration.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

You can create a powerful decision making structure with a dynamic of three. This week we continue on the topic of NFPs and structure, and focus on the dynamics of the Chair, CEO and Secretary.  Regardless of whether you outsource a secretary or hire internally, there are some important factors to consider when it comes to setting up an optimal NFP structure with a dynamic team of three.  I discuss the roles of CEO vs Secretary, who reports to the CEO/Chair, and more.

Connect with me on LinkedIn click here for more information visit our website.  https://www.rightsource.com.au

#companysecretary #notforprofit #boardmeeting #governance #charity #ACNC #NDIS #CEO

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

This week we continue with the topic of NFP structures. What are the implications of having an NFP subsidiary?  What should you be aware of when thinking of having a subsidiary?  In this video I discuss subsidiary structures, how they can occur, what are the implications and the importance of paying attention to the element of ‘control’.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

As an NFP with a federated model structure, there are a couple of things to be aware of to ensure success and maintain a meaningful impact.  What are federated models and how are they efficient? 

While federated models can be a joy for some and frustrating for others, it is important to effectively maintain structure to ensure success. If there is frustration or a lack of clarity, there needs to be a process to resolve it efficiently and effectively, so everyone is working together as a collective.

We should take our time investigating structures such as federated models and seek a process to adapt and change, as necessary. With clarity federated models can be a joy to work with in the NFP space.

Listen to the podcast episode NFP Federated Models - Part 2

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

The NDIS has ushered in a rapid growth of the not-for-profit space. There are strategies and capabilities to consider when turnover grows from 1 to 10 million, or 10 to 50 million, within two or three years. 

In this podcast I discuss how organisations, boards, and CEOs might evolve to successfully maintain their rapid growth. I also include the challenges that can present, because the roles and considerations, are very different.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

The NDIS has impacted the not-for-profit space in many ways. One of the challenges for organisations that have fully embraced the NDIS, is the allocation of funding. 

In this podcast I discuss how you might tackle this strategically, by suggesting a clear separation of your purpose and your allocation of funding. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

One of the new requirements for ACNC is increased disclosure - related party transactions.  While compliance is important, in this podcast I focus on understanding related party transactions from a governance perspective specifically why and how to implement these changes. 

Related party transactions are similar in principle to managing conflict of interest, openness, and clarity.  By taking a step-by-step approach you will create alignment in your organisation, alignment that only governance can achieve.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Not-for-profit CEO transition is topic that has come up a lot in the past 12 months.   Most people agree there are two undeniable truths regarding the CEO, they are the most pivotal and key personnel in the organisation, and one day the CEO will inevitably leave the organisation. Has your board identified a process for when your CEO moves on?    In this video I discuss what your board needs to consider when managing this process.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

This is the fourth in the series on governance and culture. 

Culture is important and it’s something the board need to be aware of and actively managing.  In this podcast I discuss how understanding governance tools, can help you affect the culture of the organisation. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

This is the third in the series on governance and culture.

Goals have to incorporate: vision, expectations, accountability and responsibility. Watch my video to see how these lead to the alignment of goals and how this helps you manage culture.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Legacy is something you leave behind. Will you leave behind something of value from your time on a not-for-profit board? How can you protect your legacy?

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

What does it mean when you are a Treasurer of an Association moving to a Company Limited by Guarantee and then becoming a Director on the Board, and what affect does the role change bring? 

Before we start thinking about the size and sophistication of your organisation, it’s important to see things from an operational perspective when defining roles and responsibilities. Some Treasurers of Associations, who look to understand the implications for their role when moving to a Company Limited by Guarantee, become a little overwhelmed or fearful. In this video I’ll explain this is not necessary and changing to a Company Limited by Guarantee can deliver benefits and clarity for all.

When moving from Treasurer to Director, what are your responsibilities - are they different or do they remain the same? And what is there to consider for all Directors on a board?  Feel free to share your comments on our social media channels below.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

What is board culture? You can't see it, you can’t hold it - how can you effect it or change it?

We’ll discuss the motivation of directors, director roles, board charter and how they can affect an organisation’s culture.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Board charter is also known as Board terms of reference. Board charters should reference the constitution, director appointment, Board meeting details, Board papers, sub-committees, diversity/lived experience on the Board and more. 

Remember, governance is always evolving, it’s ok to change things along the way.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Would you not-for-profit benefit from some independent research? 

We’ll talk about the pros and cons of in-house, collaboration and outsourcing.

Research helps with advocacy and provides an independent viewpoint to lean on when applying for funding. 

It confirms the value your organisation is adding to society. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Yes! It can provide a great deal of opportunity for both the CEO and the not-for-profit organisation. It can help with strategic thinking, teamwork, collaboration, networking and growth opportunities. 

There are also a few risks, which I will discuss. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

How do you move from being an operationally focussed Board towards being a strategically focussed Board? You need to have strategic long-term goals and visions. 

If you want the board to be strategic, you need to have CEO/exec team who can focus on operations. 

Think about whether the Board papers are operational or strategic, because that’s what the Board will be discussing and providing feedback on. You can also consider alternating the focus of Board meetings between operations one meeting and strategy the next meeting. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

As a Company Secretary, it takes me around 15-20 hours to prepare for a Board meeting. Some people are shocked at this amount of time, but it’s worth it when it helps the Board run more efficiently and effectively. 

What’s involved in preparing for a Board meeting: setting the agenda, working out the flow of the meeting, organising board papers, looking at previous action items, creating shell minutes in advance and lots more. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

There is bias everywhere. If you can be aware of bias, you can do something about it. 

At a Board level, there should be equal input in decisions etc, but that is not always the case. 

Authority bias or power bias, is when Board members defer to someone (perhaps the Chair), instead of putting their own ideas forward. Listen to this episode to find out how to spot it and what to do about it. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

CEOs do not need to placate the Board, rather they need to know the Board’s direction, and navigate the organisation on that path. CEOs need to be curious and ask questions of the board. How is the CEO moving towards their strategic objectives and moving the organisation in the right direction? CEOs need to articulate challenges to the Board clearly. It’s all about communication and developing relationships. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

The attendees of the board meeting are usually the directors and CEO. Who else should attend your board meeting? Sometimes inviting more of the exec team to the board meeting can feed information back to the other staff better than if it comes only from the CEO.

It also allows the board and the operations team to understand each other better.  But bear in mind that the more people you invite, the longer the meeting might take. Inviting others to the board meeting can have a positive impact on organisational culture too. 
 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Governance is a toolkit. A skills matrix is an inventory of the skills possessed by your board of directors. It comes in handy when you are recruiting, and helps achieve your organisation’s goals. Running an NFP in Australia - you should use a skills matrix. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

In a business or work context, the phrase “better to be lucky than good” is one that I have come to associate with. On face value the phrase seems a little comical, but there is a meaning to this and one that I personally align to.  

In doing this it requires an exploration of what being lucky means versus being good, in the context of business and personal success.  Is it the lucky characteristics that drive your achievements?  Or the fact that you are good at what you do?

Feel free to head over to YouTube or LinkedIn to comment and share your thoughts... do you consider yourself lucky?

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Did you know that there are often business opportunities during crisis? We just need to train our eyes to be able to see them! Fortunately in this video, I’m taking the brain work out of it for you and helping you shift perspective to see how this time can be fruitful for you.

As a National Disability Insurance Scheme provider you have your own set of challenges that other businesses simply don’t have to face, so to look for opportunity through change can be difficult. 

That’s essentially why I’ve created these NDIS provider toolkit videos for you. If I can help you navigate the finance and business backend then it allows you more time to focus on taking care of your customers. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Are you an NDIS provider who struggles with the NDIS payment system in Australia? In this episode we look at how, often times, it’s not actually a systems issue within the business but more likely a few simple tweaks you need to make in order to streamline the process a little better.

For any NDIS providers, if you’re wanting to discuss any of this at a deeper level or you have any nonprofit accounting questions, please reach out. I’d be more than happy to answer them! 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Now that we’ve looked at invoicing, the customer journey and capturing data you are probably wanted to know how to get your systems sorted out. 

If you’re a non profit in the NDIS space in Australia then listen to this to see how to pull together your systems to effectively manage NDIS customers.

If you’re an NDIS provider, and wanting to discuss any of this at a deeper level or you have any nonprofit accounting questions, please reach out. I’d be more than happy to answer them! 

Connect with me on LinkedIn https://www.linkedin.com/in/justin-hogg-right-source/ 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

If you need help understanding how to invoice clients in the NDIS system in Australia then this episode is for you!

In this episode I walk you through the steps you need to know in order to successfully invoice your clients in the most efficient way possible.

For any NDIS providers, if you’re wanting to discuss any of this at a deeper level or you have any nonprofit accounting questions, please reach out. I’d be more than happy to answer them! 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Do you need clarity around capturing data for NDIS Australia customers? In this episode I dive deeper into the NDIS providers’ responsibility around data capture and how that affects employees and ultimately the organisation.

The National Disability Insurance Scheme is here to help families get the help THEY need in difficult times and I’m here to help anyone in the National Disability Insurance Agencies in Australia get the not for profit accounting help they need!

For any NDIS providers, if you’re wanting to discuss any of this at a deeper level or you have any nonprofit accounting questions, please reach out. I’d be more than happy to answer them!

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

If you are an NDIS provider, I created this episode to help you understand the client journey better so you can make better decisions around your processes.

In this episode I delve into client journey mapping for NDIS Australia providers to help improve overall customer experience.

For any NDIS providers, if you’re wanting to discuss any of this at a deeper level or you have any nonprofit accounting questions, please reach out. I’d be more than happy to answer them!

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

What should you do if your NFP in Australia finds itself with too much spare cash?

You need some cash on hand for working capital and your business continuity plan, but what do you do if you have more than that? You could invest the spare cash, grow your funds until you’re ready to spend them according to you purpose.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

The Office of the Registrar of Indigenous Corporations (ORIC) registers and assists Aboriginal and Torres Strait Islander corporations to run properly—according to their own rules and cultures—and ensure they don't break the law. ORIC provides training and charges no fees. 

Think of it like ASIC, but it’s specifically for indigenous corporations in Australia. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Looking to start your not-for-profit director career in Australia?

Make sure you’re there for the right reasons! What can you bring to the organisation? Watch the video to find out my other tips.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Not-for-profits and charities are some of the most innovative in The Australian economy. They are out there solving problems that government and corporate have not found solutions for yet, usually with a small budget. 

What charities are often NOT doing, is investing in their own capabilities. What we’re trying to do at Right Source, is help NFPs access that capability, scale up, and help more people. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

What is an “in-camera” session at an NFP Board meeting?  In today’s podcast I discuss the; what, who, why, when, and where… of the in-camera session.

When executed well, everyone stands to gain from the in-camera session, from the Board, the executive, through to the way the organisation creates an impact.    

Does your NFP Board meeting include in-camera sessions? Share your thoughts in the comments on LinkedIn or visit our YouTube channel.

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

How can a dedicated Company Secretary help your Not-for-profit in Australia?

A good Company Secretary can be like a personal trainer for your organisation 🏋️‍♀️ or perhaps a marriage counsellor 🤔 Company Secretaries facilitate communication between parties.  

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

The workload of your Board Members is a tricky thing to manage. One way to lessen the load is through committees. 

Board committees are a subset of the Board, challenged with a certain task. This can make more efficient use of the Board’s time. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Governance and compliance are so important for not-for-profits in Australia. What are the difference between a compliance-mindset and a governance-mindset? Listen to find out my tips and tricks and make sure your governance and compliance are always up to scratch.

Connect with me on LinkedIn https://www.linkedin.com/in/justin-hogg-right-source/

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Are there too many not-for-profits in Australia? Do we need to aggregate some of them? Mergers and acquisitions are not always easy. 

Another idea is virtual aggregation. The benefits of a merger, while staying true to your own purpose. The advantages are providing scale to your back office, providing efficiencies and saving costs. 

We do this at Right Source for a number of not-for-profits.  Listen to find out more. 

Connect with me on LinkedIn or visit our website rightsource.com.au

If you have any questions, are in the process of starting up an NFP, or interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.

If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Visit the downloads page to access helpful diagrams, accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.