Enhance Your Society’s Board Performance with New NFCA Tool
I’ve been invited to address a number of NFCA member-society conventions this year, and in virtually every case, the CEO has asked me to focus my remarks on the need for fraternals to modernize their governance structure and enhance the performance of their boards. That’s a good sign, because of the three major challenges we face as a system – governance, solvency, and relevance – it’s governance over which we have the most control. In fact, you can make a good case that we can’t effectively address the solvency and relevance issues without first modernizing how our organizations are governed. The bottom line is that you can’t create the fraternal of the future on the chassis of the past.
NFCA is committed to helping its members meet their governance needs. We’ve had tremendous feedback from the executives and board members from NFCA societies that have participated in the four Board Member Institutes – a two-day program designed to educate society board members and officers on their strategic and fiduciary duties. But we realize that not every member can afford to send all their board members to such a program. That’s why we’ve created the Board Institute Boot Camp – four electronic modules that can be played by board members via the Internet or at board meetings through CD-ROM format. Here are just a couple of comments from members who have utilized this new program…
“It is excellent and very easy to use. This will be helpful because I had two new board members join our board recently.”
“The content of the Boot Camp module we ordered is very good. Money well spent – a great investment.”
The “Board Boot Camp” is an effective and affordable way every member can improve board performance and society governance. If you’d like to test drive a module in your society, just click here to see a demo. And if you order these modules, don’t forget to let us know what you think of this new NFCA product.
Speaking of the Board Institute… NFCA will conduct this popular program in conjunction with the association’s Annual Meeting this September in Chicago. We have added two new sessions that we know attendees will find valuable. “Risk Focused State Insurance Department Examinations and External Audits – How is a Board member involved?” and “Life Insurance and Annuity Sales Growth and the Impact on a Society’s Surplus” are timely topics that your board needs to understand today. Click here for registration details on this interactive workshop.
Hats off to Modern Woodmen of America… Check out these links to MWA’s “Honor Flight” program that allows WWII veterans the chance to come to Washington, D.C., to visit the memorial to their heroics. MWA just concluded its convention in Washington last month and earned well-deserved recognition for this wonderful fraternal activity.
- Honor Flight Returns: It was the best 2 days in my life
- Honor Flight vets treated like rock stars
- Q-C Honor Flight returns home
- Vets get royal treatment on 2-day Honor Flight
Book review… Just finished River of Doubt (thanks for the recommendation, Dave Huber!) and it was terrific. It’s the story of Teddy Roosevelt’s journey down an uncharted river in the Amazon Basin in 1913. Quite a remarkable tale full of interesting characters and unforeseen danger around every bend. Plus you’ll pick up a good deal of information on the unique ecosystem of the region. Just started No Way Down, an equally exciting story of an ill-fated expedition to climb the treacherous K2 in the Himalayas. Only about 50 pages in, but has the potential to be finished in one night simply because you can’t wait to find out what happens next.