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Strategies: Better Financial Fiduciaries

Financial Management | A new book from NBOA helps independent school trustees not only understand school finances but also ask management better questions to drive more strategic discussions. Article by Phil Tahey, independent consultant, and Ron Salluzzo, Attain, LLC From the July...


Blog Entry
Energizing the Boardroom in the New School Year

CEO Notebook | Three tips for helping your board remain future-looking, mission-centric and resource-aware. Jeffrey Shields, FASAE, CAE NBOA President and CEO Earlier this month I had the pleasure of joining other independent school association leaders from across the country and...


Blog Entry
Weak Onboarding Undermines Board Effectiveness

(from Associations Now) A majority of nonprofit organizations rely on an overly casual onboarding process for new board members, hindering the overall board's ability to play a strong strategic role in leading the organization. According to a new study by Hedrick & Struggles, in...


Blog Entry
When CFOs Succeed to the Top Spot

CEO Notebook | What qualities and experiences make CFOs strong candidates for an organization’s top leadership position? Jeffrey Shields, FASAE, CAE NBOA President and CEO A few weeks ago, Melissa Orth, NBOA’s board chair and chief operating officer/chief financial officer...


Blog Entry
5 Minutes with Frank Aloise: Connecting Lessons from the Past, Opportunities for the Future

Leadership | Frank Aloise, recipient of the 2017 NBOA Ken White Distinguished Business Officer Award, draws on his investment banking past and love of technology and design to manage his school's resources. Interview by Cecily Garber From the May/June 2017 Net Assets Photo...


Blog Entry
Unreported Abuse Prompts Board Resignations

Two former heads of school at Choate Rosemary Hall resigned as "life trustees" from the school's board late last week in response to a report alleging sexual abuse by 12 former faculty during the heads' combined tenure from 1973 until 2011. All former headmasters at the Connecticut boarding...


Blog Entry
Women Still Underrepresented on Boards

How's the gender composition on your school's board of trustees? If women hold more than one in five of those seats, you're ahead of most large U.S. companies not only in gender parity, but possibly also in innovation and net revenue gains. Women hold just 20 percent of board seats among large,...


Blog Entry
An Appetite for Data

Projections | Good data tells a story clearly, persuasively and impactfully. From the September/October 2016 Net Assets Little makes business officers’ eyes light up like data. As you know, when meticulously tracked, data can crystallize subtle trends impacting a...


Blog Entry
National Independent School Leaders Join NBOA Board

CEO Notebook | As you wrap up what I hope has been another successful year and develop your summer to-do list, NBOA is planning ahead as well. Part of that process involves identifying individuals within the national independent school community to help lead our association into the future...


Blog Entry
A Cautionary Tale Hits Close to Home

CEO Notebook | "I'm afraid that schools the size of mine are on the verge of extinction." Last week, while I was on the road in Denver, a business officer from a small independent school (enrollment less than 200 students) confided this fear to me. I understood and empathized with her...