Pros and Cons of Board Membership

There are many benefits having a board membership. It’s a great feeling to to work with people who are dedicated to the goals of your organization. You can make connections that are useful for your professional and personal life. Board service can also be a great way to learn from other people’s perspectives and challenge your own. You can utilize your experience to make a difference in the community, or even launch new ventures.

The ability of a group of Board members is crucial to a business’s success. Boards need a variety of expertise to guide strategies, policies as well as financial management and more. In fact, some organizations have a specific job on the Board for a particular skill set such as an expert in communications or with knowledge of business finances. A good way to build the expertise needed to accomplish an organization’s goals is to find Board members willing to serve in these subcommittees.

Cons of Board Membership

While the benefits of being an elected board member outweigh the disadvantages, it is important to remember that the role comes with many legal obligations and must be taken very seriously. It’s also a challenging and time-consuming task that requires a lot of dedication, expertise and experience. Long-serving board members can offer the knowledge of institutions that will be valuable as the organization grows.

In the process of recruiting it is crucial to understand why a candidate is interested in joining your Board. You can easily spot those who are simply seeking to enhance their resume or increase their career goals. But you can also determine those who have a genuine passion for the cause. If you can identify the genuine passion of a candidate in the subject, they’ll be more likely to devote their full focus and effort.

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