New on the board? This is what you need to know
Being asked to join a board of directors is a vote of confidence. But it is also worth considering that this involves a lot of responsibility. There are several things you should be aware of and consider carefully before ACCEPTING.
SOME QUESTIONS IT MAY BE WORTH CONSIDERING:
- Am I willing to take on the great responsibility involved in being a board member?
- What is the company’s risk position and how could this affect me?
- Does the company have a good board process?
- Does the company take security seriously?
To help you consider these issues, we have drawn up a checklist for those who are about to take up their very first board appointment or who are about to join a new board. You should download it before ACCEPTING a new board appointment.