Posted on / by Holger Schlafhorst / in Allgemein

Pros and Cons of Board Membership

https://boardroompros.com/training-new-board-members-5-important-tips

The pros of being a Board Member are numerous and varied. Having the privilege to work with other amazing people who are committed to the mission of your organization is a great feeling. You will establish connections that will be beneficial in your personal and professional life. Board service also provides a chance to challenge your thinking and gain knowledge from people with different perspectives. You can make use of your knowledge to make a difference in the community, or begin new ventures.

A well-trained board is crucial to the success of any business. Boards typically require a variety of expertise to help determine strategy, policy, financial management and more. In fact, some organizations have a particular role on the Board for a particular skillset, for example, a communications expert or someone with a background in business finance. The process of recruiting Board members who are willing to serve on these subcommittees is a way an organization can acquire the talent it needs to meet its goals.

Cons of Board Membership

Although the pros of being an elected board member outweigh the disadvantages, it is important to keep in mind that the role comes with numerous legal obligations and must be taken seriously. It’s also a demanding and time-consuming job that requires a lot of dedication, expertise and experience. Boards that have long-serving members provide an abundance of institutional memory, which is valuable as the organization grows.

During the process of recruiting it’s crucial to find out the reasons why a candidate would like to join your Board. It’s easy for you to discern those who are just padding their resume or trying to advance their own career, but you can also find a genuine interest in the cause. If you can recognize the genuine passion of a candidate they’re more likely to give their best effort.

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