A Board Director, also known as a Non-Executive Director, is a position that is elected in the company. They serve as a representative of the shareholders and ensure that the business is running in a manner that is responsible and maximize shareholder value. They are also responsible to set the strategic goals for the company and make sure that they are achieved by the management.
Often, they will be required to make decisions that are both financial and strategic like operating budgets, capital budgets and compensation decisions. This role involves a great deal of time outside board meetings. This involves fundraising, attending events and assessing if the organization is able to fulfill its mission.
Board Directors are expected to fulfill an obligation of fiduciary to the company that requires them to put aside their personal interests to best serve the organization. This is an important duty that every candidate must consider seriously.
There are several options to become a Board Director, and many people end up in this position through chance or through being requested. If you’re interested in becoming an special info executive director on a board it’s a great idea that you actively pursue this possibility. Start by selecting the organizations that appeal to you and contacting people on the board.
When you create your resume, highlight your experience in leadership and strategy. Particularly focus on those organizations in which you worked closely with the board or made significant high-stakes, collaborative decisions. In addition, if you have any educational qualifications that are relevant (such as a Masters of Business Administration) Include them in your profile.