I have the honorable pleasure of sitting on a few Boards of some Non Profits for which I am endeared to and passionately support. Thus I found the article below very insightful.
As a business owner or Executive you too will one day find yourself being asked to be on a Board, whether it is an Advisory, Governing or Executive Board, your fiduciary responsibility it to the stakeholders: the ones who receive benefit or services from the organization.
Obviously there is a stated and obvious difference between serving a non-profit versus a for profit business. Neither should be taken lightly, your being called on (hopefully) because of your talents and gifted abilities. Therefore, your performance and dependability as a Board member should be a mission you commit to wholeheartedly. Sometimes, this will mean making difficult decisions; realizing friendships on Boards are not always easy when you don’t agree and that you have a responsibility to be one of several other Board members who regularly checks the gauges of the company or foundation.
This includes making sure your CFO is focused, on point and missionally aligned. Read this insightful article on the