A board of directors is a collection of professionals who serve as representatives for company shareholders. They are accountable for ensuring the success of the company in areas such as finance, legal and ethics practices. Although the majority of boards are in public corporations however, they are also present in non-profit and private organizations. A well-run board can be a valuable resource for the CEO and growth of the company.

Professional Development

Board membership offers many opportunities to develop your professional skills that are not available at work. You will gain a wide variety of experiences and knowledge that will enhance your ability to think strategically, and enhance your understanding of governance practices. You will be able to collaborate with people from different backgrounds and fields. This is a great opportunity to broaden your network of contacts and increase your knowledge.

Another advantage of being an active board member is having the opportunity to build a network of highly-qualified business contacts. You may meet people at all levels of management as well as investors, vendors and clients, based on the composition of the board. In addition an individual board member could be able to connect you to www.boardroomtour.com/importance-of-the-executive-presence-in-and-out-of-the-boardroom/ their own network of business contacts, which can expand your horizon of possibilities.

The final and most important benefit of being an active board member is that it provides you with an opportunity to make an impact in the world. It’s a rewarding experience, which makes the time and effort invested well worth it.