There are numerous benefits to being a board member. Being able to work with other remarkable people who are committed to the goals of your organization is a wonderful feeling. You can make connections that will be useful to you in both your professional and personal life. Board service also offers a chance to challenge your thinking and learn from people who have different perspectives. You can utilize your expertise to make a difference in the community or even help to launch new ventures.
A well-trained board is crucial to the success of an company. Boards require a range of expertise to guide the strategy, policies financial management, policies, and more. Some organizations even have a specific role on the board for those with a specific ability, such as a communications specialist or someone who has knowledge of business finance. A great 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
While the benefits outweigh the negatives, it’s important keep in mind that being Board Members is a serious commitment and is accompanied by legal obligations that must be viewed with seriousness. It’s also a challenging and time-consuming job that requires a great deal of energy, knowledge and experience. Long-serving board members can provide a wealth of institutional knowledge that will be valuable when an organization expands.
When it comes to recruiting it’s crucial to determine the motivation behind why a person wants to join your Board. It’s easy to recognize those who are just padding their resume or trying to advance their own career plans however, it is also possible to identify a true passion for the cause. If you can gauge the genuine passion of a candidate, they will be much more likely to give all their attention and effort.
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