May 3, 2017
A strong organizational structure is built through the board of directors. When selecting members to serve on a board, the organization must consider different components in the selection process that will help the organization reach the objectives they want. Here are four key things to think about when considering a potential board member.
- Does the potential board member have knowledge and experiences that relate to the organization’s mission? The organization should have individuals on the board who understands the needs of their clients as well as how to secure the resources for those needs. The key is to appoint an individual who shares the same ideals and goals of the organization.
- Select a variety of individuals for the board. Not only will you want a board that is made up of individuals who understands your organization, you will also want to bring in professionals as well. Professionals such as a CPA or an attorney can strengthen a board and add necessary oversight to management. Professionals on the board might be able to offer services like more in-depth reviews of monthly financial statements and significant contracts and agreements.
- A board member should be prepared to commit their time to the organization. Board members are expected to attend and give feedback in meetings, as well as considering the additional volunteer opportunities or time required to see that the organization’s goals are met.
- Ensure potential directors do not have a conflict of interest with management. Part of being on the board is to be able to direct employees and management in their day to day processes. Additionally, the board is often required to take an unbiased approach to cutting costs, determining compensation, or budgeting the organization’s funds.
The board of directors plays a major role in the direction of the nonprofit organization. From budgeting resources to providing guidance to management, a well-selected board will help the organization achieve its objectives.