How to Choose the Right Board Member for Your Organization

How to Choose the Right Board Member for Your Organization

A strong board of directors is essential for a well-run company or nonprofit. The board member should bring a range of skills knowledge, experience and insight to the table for strategic decision-making and planning. They should be able to communicate well, stay in contact with one another between meetings and be active when it comes to fundraising and networking.

You should consider a range of independent candidates who are familiar with your industry, and who are in alignment with your mission and vision. These might include trusted mentors, attorneys, CPAs, fellow entrepreneurs, venture capitalists, marketing professionals, educators and financial experts. It is also beneficial to have board members who have prior board experience.

During the vetting process, be sure that the candidate is truly interested and able to http://www.boardmanagementsoft.net/5-tips-for-managing-an-existing-team-of-employees commit to becoming an active board member. It’s a big commitment and might not be the right person for everyone.

You should also know what other commitments they have in their lives, and be realistic about the amount of time they can offer to the board. It’s not efficient to have boards that are too busy or under-performing.

In general, it is recommended to have a diverse number of board members in order to keep ties from developing. There must be sufficient board members to guarantee the quorum of the board, but also to be able to receive good advice without being overwhelmed by a multitude of voices.

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