Young Professionals and the Board of Directors

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A board of directors provides strong governance for a business or non-profit institution by overseeing the policy and strategy. The board is also responsible for its fiduciary duty which includes safeguarding shareholder interests, managing risk, and ensuring that corporate behaviour is in line with the expectations of society.

A well-functioning Board can help an organization accomplish their goals by bringing together the appropriate people at the right time to make well-informed decisions that help strengthen them. Young professionals can also benefit from this empowering tool for developing their leadership capabilities. Being a part of a board can aid in developing your leadership skills, learn how to influence others and build connections. It’s a great way to establish a professional brand and show your ability to perform at a higher level.

Whether you’re interested in joining an organization that is a non-profit or a private company, there are plenty of ways to find out about opportunities to serve on the board. Begin by searching your network to find someone familiar with an executive director. If not, contact the organization directly and request to speak to someone.

A board’s job is usually to provide oversight and guidance for the CEO of a business. The board is responsible to provide strategic direction and expertise in areas such as organizational culture and risk management, as well as digital transformation, ESG, and marketing. It may also be involved in the hiring process of a CEO and other senior posts. The board meets regularly to decide on the company’s policies.