NBSLC Board of Management
Guiding Governance Principles and Strategic Objectives

The Board of Management is pleased to share this document with its members, associates and stakeholders.

General Principles Financial

• To hold a prudent level of cash reserves to properly maintain the Clubhouse and related facilities and to cater for planned and unplanned capital and operating expenditure
• To pursue sensible opportunities to raise funds independently of member levies, including through sponsorship and income generation activities that are consistent with the Club’s history and values
• To manage the finances of the Club responsibly, having regard to the interests of present and future members and for the long-term interests of all members

Social and cultural

• To continue to cater for a wide range of member interests, activities and areas of engagement with the Club
• To be an inclusive, welcoming and productive part of the lifesaving and wider community and to foster a “One-Club” ethos
• To strive for excellence in all we do
• To provide equal attention and care for our core sections of the Club:
  • Lifesaving (including education)
  • Surf Sports, competitive and recreational
  • Nippers
  • Community and social

Member welfare

• To manage member and associate numbers and Club resources to optimise the member experience within the parameters of our lifesaving and community service obligations
• To have a culture and governance model that is transparent and well understood and puts the overall Club interests above individual or group interests

Specific for 19/20 Financial