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What Are the Responsibilities of Individual Board Members? by Paul Dorf
What Are the Responsibilities of Individual Board Members? |
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Business
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Generally, individual Board members can expect to undertake the following duties and responsibilities: · Attend all Board and committee meetings and functions. · Be informed about the organization’s mission, services, polices and programs. · Review agenda and supporting materials prior to Board and committee meetings. · Serve on committees or task forces and offer to take on special assignments. · Make a personal financial contribution to the organization. · Suggest possible nominees to the Board who would make a positive contribution to the Board and company. · Keep up-to-date on development in the organization’s industry. · Follow conflict of interest and confidentiality policies. · Assist the Board in carrying out its fiduciary responsibilities, such as reviewing the organization’s annual financial statements.
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