A well-run non-profit or business requires a strong board of directors. A board member must bring a range of skills, perspectives and experiences to the table in order to make the right decisions and plan. They should be able to communicate effectively, remain in contact with one another between meetings, and be proactive when it comes down to fundraising and networking.
When choosing the right board member for your company Consider a variety of independent candidates who are knowledgeable about your industry and who agree with your goals and vision. This could include trusted mentors, attorneys, CPAs, fellow entrepreneurs, venture capitalists, marketing professionals, educators and financial experts. It is important to have board members with prior board experience.
During the vetting process, make sure that the candidate is really interested and able to commit to becoming a board member. It’s a big commitment and it might not be the right fit for everyone.
You should also inquire about their other commitments and be realistic of how much time they can dedicate to http://www.boardmanagementsoft.net/how-to-choose-the-right-board-member-for-your-small-business the board. It is not productive to have an organization that is overly busy or not performing.
In general, it is best to have an uneven number of board members in order to keep ties from developing. It is essential to have sufficient board members to guarantee that there is quorum, but also to be able get good advice without being overwhelmed by the number of voices.