Article Governance 2 min read
Wednesday Buzz: What Metrics Should the Board Monitor?
Some metrics association boards should be monitoring. Also: Artificial intelligence may make some nonprofit roles obsolete.
Heads up: this content is over 5 years old, so some information may be out of date.
Just like association staffers, board members should also be looking at an associationâs metrics.
âVolunteer leaders on the board may not think of the association as a business,â writes Robert C. Harris in a recent MultiBriefs post (opens in a new tab). âThey probably know the importance of key performance indicators (KPIs) in successful organizations but donât give them much thought in a nonprofit.â
So, what should the board measure?
Membership is an obvious KPI, but they should also look into program and service usage. âWhat percentage of members use specific programs,â asks Harris. âAre programs self-sufficient? What metrics are used to measure program success before abandoning benefits?â
Advocacy organization should measure things like lobbying effort spending and the amount of touch points between the association and lawmakers.
A board should also keep up with event, financial, and membership satisfaction metrics.
Nonprofit Bots
Will Robots (and bots) Replace Nonprofit Staff and Interns in the Workplace? https://t.co/0bS65RIAwJ (opens in a new tab) #nptech (opens in a new tab) #18ntc (opens in a new tab) pic.twitter.com/TmSHiaUbcN (opens in a new tab)
â Beth Kanter (@kanter) March 20, 2018 (opens in a new tab)
What does the rise of AI and automation mean for nonprofits?
In a new blog post, Beth Kanter explores the common nonprofit roles that could be made obsolete by tech (opens in a new tab).
Consider the major gift officer. âA new platform called First Draft (opens in a new tab) developed by Gravyty (opens in a new tab) uses AI to identify and draft emails to prospects in an organizationâs database,â she writes. âThese âunassignedâ prospects immediately become âassignedâ because staff members with minimal training can substitute for gift officers and manage the cultivation process.â
Kantor also points out that some human resource duties and even legal duties could soon be taken over by chat bots.
Other Links of Note
When it comes to planning an event, there are a thousand moving parts. The MPI blog shares 10 ways to streamline the process (opens in a new tab).
Just because they call it âlunch and learnâ doesnât mean the lunch comes first. Over at Frank J. Kennyâs blog, Christina Green makes the case for letting people hit up a lunchtime event for free (opens in a new tab)âif they skip the lunch.
Infographic of the Day: MarketingProfs reveals how different age groups use the internet (opens in a new tab).
(stuartbur/iStock/Getty Images Plus)
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