A non-executive director or board director, is a post which is elected in a company. They https://boardshould.com/6-tips-to-make-young-directors-effective/ represent the shareholders and make sure that the company is run in a manner that is responsible while maximising the value of shareholders. They are also responsible for setting the strategic objectives of the company and making sure that they are met by management.
In most cases, they will be required to make decisions which are both strategic and financial such as capital budgets, operating budgets, and compensation decisions. This job requires a significant amount of time outside of board meetings. This includes fundraising, attending public events, and evaluating whether the organization is true to its mission.
Board Directors are expected to fulfill a fiduciary duty to the company that requires them to give up their personal interests to best serve the organization. This is an important duty which all candidates must consider seriously.
There are several ways to become a Board Director, and many people end up in this position on the spur of the moment or through being asked. If you’re interested in becoming a director on the board it’s a great idea to actively pursue this opportunity. Start by selecting the organizations that appeal to you and contacting people on the board.
When you write your resume, you should highlight your leadership and strategy experience. In particular, highlight organizations in which you worked closely with the board or took significant high-risk decisions in a collaborative manner. In addition, if you have any academic qualifications that are relevant (such as a Masters of Business Administration), include them in your profile.