Will serving on a non-profit board help my chances at a corporate board seat? Non-profit boards can help you on your path to the corporate boardroom if:
-It's a large non-profit
-It's a well-run board with good governance
-They're passionate about their mission
-You take a leadership role
-You know what to expect of the time commitment & what you'll give/ get
-There are men at the table
What are the responsibilities of a director? The job & responsibilities include:
-Hiring, firing & evaluating the CEO
-Approving & overseeing strategy
-Bringing in other directors
-Monitoring & approving audit, governance, compensation & other processes so they comply with all regulations & best practices
-Overseeing financial performance on behalf of the stakeholders (primarily the owners of the company's shares)