Successful board members are committed to the organisation’s mission, its clients and shareholders. They are committed to attending meetings and actively participate in discussions. They are well-versed in the business model as well as the policies and operations of their company. They are aware of the latest developments in their field as well as industry trends so that they can make informed and effective contributions.
They can control their ego and are confident when working with others. They are aware of how their actions can impact other board members as well as the executive team. They can help to prevent conflicts and tensions that could cause a decrease in productivity or even the boycott of board meetings. They are able to ask powerful questions that get to the core of the issue, and also prevent groupthink.
Strong board members possess a wealth of expertise in their field and can offer new and valuable insights to the rest of us. They can serve as a sounding-board when faced with sensitive issues, and serve as a mentor for executives. They are also good in establishing relationships outside of the boardroom and introducing others with new connections.
They are aware of the rigors of governance that is required to fulfill their duties and strive to fulfill their legal obligations. They are aware of issues — financial, management or personnel issues and take the necessary steps to address problems before they get worse. They are also aware that their role is as an advisor to the CEO. They help them achieve their goals and maximize their opportunities.
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