CHAPTER 3

Why Serve on a Board?

Being asked to serve on a board may seem like the ultimate compliment. It shows a certain level of achievement and recognition that your skills are valued outside of your own organization. Directors also meet interesting people, expand their network, and grapple with stimulating issues. Independent public company directors are also often well paid.

Yet board service may not be for everyone. It takes a lot of time to both secure a board position and serve. It is important to answer the question: Why do you want to serve on a board?

There is no shame in ultimately deciding to postpone or not pursue board service. This chapter focuses on the reasons to serve on a board. It also covers the risks of board service as ...

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