Sample Essay on:
Enhancing the Effectiveness and Governance of the Museum and Community Arts Center

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Essay / Research Paper Abstract

This is a 3 page paper which briefly discusses the purpose and nature of a Board of Directors, a strategic plan, and the leadership style and management techniques of an Executive Director. The bibliography has 1 source.

Page Count:

3 pages (~225 words per page)

File: D0_JHMaca.rtf

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Unformatted sample text from the term paper:

inner city neighborhood in the Bronx through the use of cultural and art projects. MCAC has an operating budget of $10 million annually. Even with this budget MCAC is barely able to break even and there is no additional capital to make necessary improvements to its twenty-five year old owned facility. Also, there is no additional revenue to expand MCACs services and programs. The focus now needs to be on improving the effectiveness and governance of MCAC and in so doing increase the available capital for operational and expansion purposes. BOARD GOVERNANCE The Board should be responsible for setting the strategic direction of the organization. The Board should also set the policies and manage the performance expectations. An effective board is essential to the overall success of MCAC. To be effective the Board of MCAC should develop an annual or twelve month agenda which specifies significant events and duties to be attended to in the coming year. This twelve month agenda should include such items as a board performance review, financial reporting, an annual review of organizational strategy, dates for retirement/selection of new board members, committee reporting dates such as the audit committee and a schedule for policy review. The Boards productivity and effectiveness is based on its understanding and approval of managements theories and the plans for the implementation of those ideas. The Board in its entirety or any Board Committees should not get involved in any tasks that are more properly in the domain of the chief executive or other staff members. STRATEGIC PLANNING To meet the goals and financial needs of MCAC, a strategic plan should be developed and implemented. A strategic plan should include the following elements: a SWOT analysis, a vision statement, a mission statement, a ...

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