This is also a problem that must be addressed at the trustee level, rather than the treasurer level. Although these realities push this lower down the priority list, a medium-term priority should be to provide estimates to the trustees of the future funding levels required so that they can seek these funds in advance of the actual demand increases.
High employee attrition rate. This is not specifically a treasury issue, so it is lower on the priority scale. However some of the steps that are recommended, for example with regards to segregation of duties, should assist in this area as well. It should be noted that the attrition rate does impact on the efficiency with which resources are used, so it remains a priority, even if at a lower level. If any way to reduced attrition becomes apparent, that suggestion should be made and...
This involves expanding somewhat beyond the role of Treasurer, but it will yield tangible financial results so is within the broader mandate of the position.
The highest priority therefore is to address the segregation of duties first. The operational issues must also be addressed immediately. In the longer term, changing demand and the need for better technical resources are also priorities. The high employee attrition rate is the lowest priority but is one that can be addressed incrementally, simultaneous to the other initiatives. It is important that as Treasurer I focus on the core of my issues, which relate to the charity's financial position. The prioritization of issues is affected by the degree to which these broader managerial problems impact the financial capabilities and efficiency of the organization.
