Board work is a great way to build your network, display your management and leadership skills or support the cause you’re passionate about. It’s not just for those who don’t have the time or motivation to attend meetings without pay and read financial documents. Uncertainty in the economy and the need for recruiting millenials are merely a couple of the many problems modern boards face.
The size and structure of a committee differ significantly depending on the industry, with most important position being that of the chair. The chair generally oversees board meetings and works with the executive director and board of directors to facilitate a well-run operation. Certain boards also have additional officers, such as the secretary and treasurer. Some boards have committees that report to the board and focus on a specific area of activity.
When boards are better managed, it is easier for members to understand their roles and responsibilities. This includes how members are expected to prepare for meetings and what their role should be. For example an executive director might provide details to the board prior the meeting to ensure that they have plenty of time to review it. This shows the CEO’s respect for the expertise and time of the board. This in turn makes the board more productive in the meetings themselves. This is thought to be the most effective method of managing the board. It also helps the board to stay focused on their main responsibilities and that is setting goals and taking actions to achieve it.
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