A solid board of directors is essential to a well-run organization or non-profit. A board member should bring a wide range of skills, insights and knowledge to the table in order to make the right decisions and formulate a plan. They should also be a skilled communicator who can remain in contact between meetings and also be proactive in networking, fundraising and other essential tasks.
When deciding on the best board member for your business Consider a variety of independent candidates who know your industry and who agree with your vision and mission. They could include trusted mentors such as attorneys, CPAs and fellow entrepreneurs. It is important to have board members with prior board experience.
During the vetting process, be sure that the applicant is truly interested and able to commit to being an active board member. It’s a huge commitment and may not be a good choice for everyone.
You should also inquire about their other commitments and be realistic of the time they are able to commit to the board. It’s not efficient to have boards that are too busy or under-performing.
It is better to have a balanced number of board members instead of an imbalanced one to avoid ties. There should be sufficient board members to guarantee quorum, but also to be able get good advice without being overwhelmed by the number of voices.