What is due diligence?

Due diligence in civil litigation (also known as due care) is the effort made by an ordinarily prudent or reasonable party to avoid harm to another party. Failure to make this effort may be considered negligence. (Source: Wikipedia)

How can your organisation provide a service that minimises risk? Your organisation's Board and its members must ensure that the risks associated with the provision of services, advice or goods are fully addressed. There must be in place the requisite number of policies and procedures regarding the organisation's services and how it manages those services.

The Board or Management Committee is more likely to be protected from prosecution by the following:

1. Undertaking all possible strategies to protect their clients.
2. Fulfilling their fiduciary responsibilities.
3. Directors and Officers insurance.

Always seek professional advice. If you require more training and information about due diligence, please phone the School of Volunteer Management regarding the School's range of training programs on 02 9261 3600.