Board Self-Audit
Whether they preside over profit or non-profit organizations, Boards of Directors know that it is necessary to step back and evaluate themselves and their operations. Often, outside consulting organizations can provide third-party objectivity and input.
The Self-Audit provides the ability for Boards of private clubs to take stock of their respective operations. This comprehensive form is the outgrowth of thousands of privileged conversations with club boards, search communities and managers. Its fundamental purpose is to provide club boards–of all types and sizes–with a standard and comprehensive structure to assess their club’s overall condition.
The Audit allows each director to report his or her judgment about the club. Following these independent assessments, the president may elect to compile a composite of the results.
The five main sections of the questionnaire are:
Club Governance
Financial Analysis
Club Operations
Membership
Human Resources
The self-audit contains 87 questions that apply equally to Country, Golf, City, Yacht and Athletic Clubs and allows the Board to look at more precise areas of particular interest or concern.