There are many advantages to being a board member. Having the privilege to work with other amazing people who are dedicated to the goals of your organization is a great feeling. You will make connections that will be useful to you in your professional and personal life. Board service also gives you a opportunity to question your beliefs and learn from people who have different perspectives. You can utilize your experience to make a difference in the community, or even begin new ventures.
A well-trained group of Board members is essential to an organization’s success. Boards require a variety of expertise to guide strategy, policies as well as financial management and much more. In fact, some companies have a particular role on the Board for a particular skill set such as a www.boardroompros.com communications expert or someone who is knowledgeable about business finances. A good way to build the talent needed to achieve the objectives of the organization is to seek out Board members who are willing to be part of these subcommittees.
Cons of Board Membership
Although the pros of being an elected board member outweigh the disadvantages, it is crucial to remember that the job comes with many legal obligations and must be taken seriously. It is also a difficult and time-consuming task that requires a great deal of dedication, expertise and experience. Boards with members who have served for a long time can provide a lot of institutional memory that is important as the company expands.
During the recruitment process it is important to understand why a candidate wants to join your Board. It’s easy for you to discern those who are just padding their resume or trying to further their own career, but you can also discern a genuine passion for the cause. If you can gauge the genuine interest of a candidate in the field, they’ll be more likely to devote their full focus and effort.