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The
Board Fellows program brings valuable business
skills to nonprofits, while exposing Net Impact
members to nonprofit management and governance.
The Board Fellows Program matches University of Alabama MBA candidates with the boards of directors of nonprofit organizations for nine-month engagements. Fellows attend board sessions and relevant committee meetings while completing a strategic project for the organization under the mentorship of the executive director or a current board member. This service provides nonprofits with the valuable insights and skills of MBA students while training these students and introducing them to organizational governance and board service.
Benefits for the Non-profit organizations:
Gaining access to talented business leaders with fresh and innovative ideas and providing new perspective and input to board decisions
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Developing a relationship with potential candidates for future board and staff positions
Participating in development of future community leaders
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Networking with other nonprofits through the MBA school
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Strengthening relationships with the MBA school and perhaps utilizing its other nonprofit services
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Obtaining access to students' knowledge and skills in a project that benefits the organization
Benefits of being a Board Fellow:
- Meaningful opportunity to participate in the management of a non-profit organization.
- Professional knowledge and skill in board governance
- Skills for effective collaboration with community leaders
- Opportunity to integrate tools learned in the classroom with the fellowship experience
Sample strategic projects include the following:
Marketing: assess community perspectives of organization, align communication strategy with mission, develop/enhance internal communication program
Strategy: develop a business plan for expanding into new regions/services, evaluate the activities critical to your mission, create a five-year strategic plan
Board Development: evaluate board recruitment and training, strengthen board involvement and diversity, improve board processes and capacity
Operations: analyze costs and benefits of critical processes, identify potential organization efficiencies, develop a capacity-building plan
Applications for Nonprofit Organizations are due by September 15, 2008. (Click here to apply.)
Applications for MBA Students are due by October 13, 2008. (Click here to apply.)
For MBA Board Fellows FAQ, click here.
If
you are interested in a nonprofit placement
please contact:
Rachel Dixon, Community Liaison
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