A board of directors is a group of professionals that serve as the company’s representative. They are accountable for promoting company success in areas such as finance and legal and ethical conduct. While most boards are located in public organizations, private and non-profit organisations also have them. A well-run board can be a valuable resource for the CEO and for company growth.

Professional Development

Being a board member offers many professional development opportunities which are typically not available at your workplace. You will gain a variety of experiences and insights which will enhance your ability to think strategically and your understanding of governance. You will be able to interact with people from diverse backgrounds and different industries. This is a great way to broaden boardrooms your network and knowledge.

Another great benefit of being an active board member is having the opportunity to increase your network of highly-qualified business contacts. Depending on the makeup of the board, it’s likely that you will meet people from all levels of management, investors, suppliers/vendors and even customers. A board member may be able to connect you to their network of business contacts. This can increase your possibilities.

The final and most important benefit of being an active board member is that it provides you with the chance to make an impact on the world. This is a hugely rewarding experience that makes the significant commitment of time and effort worth it.