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hand peeling back paper to reveal word governance

This year’s Australian Institute of Company Directors (AICD)'s study explored current and emerging issues facing the sector including cybersecurity, innovation, financial viability and culture. The study canvases a range of perspectives taken by boards in response to contemporary challenges.

Key findings of the 2018 NFP Governance and Performance Study included:

  • 82% of respondents undertake their NFP governance role for no financial reward.
  • 58% said they were working more than 2 days a month on their NFP, compared to 41% in 2013.
  • Half of respondents believe innovation is the responsibility of management and half view it as a board role.
  • 75% of respondents are actively engaged in monitoring, measuring and leading culture this year – a significant increase on 2017.
  • Boards are using a combination of methods to measure culture, with staff survey results, staff turnover and dismissals, client survey results, OH&S reports and client complaints all rating as common methods.
  • 25% of respondents believe their boards need to perform better.
  • 38% reported their board had a ‘very good’ understanding of the impact of a cyberattack on service users and 25% of the probability of a cyberattack on their organisation.

Download report

Related item:

The surprising results of AICD's 2018 not for profit survey

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