We're all aware of high-profile moral or leadership failures; can these failures be avoided? In this episode, Michael Martin, President and CEO of the Evangelical Council for Financial Accountability (ECFA) outlines key steps to build integrity and trust with accountability for your organization's leadership.
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In this episode:
- Common characteristics in a well-ran organization (01:53)
- Humility is an important characteristic in a leader (02:58)
- A breakdown with a leader or with an organization starts with a lack of humility or a willingness to even embrace accountability, which is another huge piece of all ECFA tries to advance. (03:33)
- 2 Corinthians 8:21says we out to take pains to do what is right, not only in the eyes of God, but also in the eyes of man (3:54)
- At the start of ECFA, parachurch or nonprofit organizations were a bit ahead of the times in terms of embracing accountability (05:00)
- ECFA may have a greater role to play in the space of supporting healthy leadership (08:35)
- 94% of board chairs and senior leaders agree that moral failings of Christian leaders have a negative impact on donor trust (10:45)
- The problems or issues that lead to a lack of accountability (11:53)
- An organization is not engaged with an outside CPA (13:17)
- Not having at least five and a majority of independent board members governance (13:35)
- Not making accountability a priority (13:49)
- A leader should have solid relationships, peers and a coach (18:28)
- Questions you should have a board chair asking a CEO on a regular basis (22:07)
- Take the time to ask what's going well and to celebrate the wins (24:23)
- Ask "what challenges are you facing?" (24:45)
- Ask what other ways the board can provide support to the CEO (25:48)
- Patnership in prayer for the CEO (26:17)
- The board should have clear expectations and a policy manual in addition to speaking the truth in love (30:53)
- ECFA State of Giving report shows in this past year, giving to ECFA members outpaced inflation by 3% (34:09)
- A newer resource for accountability called "Reinforcing the Foundation of Trust" (38:20)
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