The board member is an individual who is a member of the board of directors. A board member plays a significant role in the enhancement of the organization. He or she is responsible for taking important and crucial decisions for the organization. The member of the board is responsible for reporting to the chairperson or the managing director. He or she is required to make good relations with other members of the board and the staff of the business organization.
A board member ensures the achievement of the mission and vision set by the directors of the company. He or she is responsible for closely working with the director and reporting to the managing director. The main task of a board member is to conduct the board meeting and participate in them along with the clients/customers of the company. A board member is required to make decisions that turn out to be fruitful for the organization and needs to think before coming to a decision. A board member’s job demands to handle the most critical and sensitive issues in a sensible manner.
Required Qualification and Skills
The position of the board member is very crucial, as of which the candidate is required to possess the required educational qualifications. He or she should possess a master’s degree in the field of engineering or business administration. A bachelor’s degree in business administration will also work but a master’s degree is still preferred from the candidates. It is important for the members to have training in the programs organized by the companies and many other associations.
Skills and Competencies:
The skills of the board member are:
- Interpersonal and communication skills,
- Leadership skills,
- Watch dog for opportunities,
- Decision maker,
- Problem solver,
- Planner and coordinator,
- Ability to handle the crucial and sensitive situations,
- Time management skills,
- Is very concerned about the growth of the company,
- A good implementer of the plans and policies,
- The board member should have knowledge of the governance and policies of the board meetings.
High salaries in this profession have always attracted the members of this profession. An individual cannot become the board member in a short time or at the entry-level itself. One needs to put in hard work and show extreme dedication to become a board member. There are excellent employment opportunities for professionals in this field.
The employment opportunities are strong for desirable candidates and they can seek employment in government and in the private sector or in both. It depends all on their experience and a good character record that they attain this top level of management position. They need to work hard to survive in this position. They might also become the independent directors of the company.