Joining a Board can be an exciting and enriching experience. On
the flip side, it can also become overwhelming and require more of
your resources than originally anticipated. Before making the leap
to Board membership there are a few things you should consider to
help you make the most of the opportunity.
The four key considerations include:
- Due Diligence/Liability
It is essential that, as a prospective Board member, you clarify
exactly what your responsibilities will be if you accept the role.
In most cases the position will see you accepting fiduciary
obligations to the organisation. Familiarise yourself with the
organisation's policies, financial status, meetings, leadership
style and training regimes to ensure that you minimise the risk of
liabilities surfacing. It's also wise to ask about the
company's stance on a Board member's personal liability
coverage to ensure there are no surprises down the track and that
you fully understand any personal
