Recently, an entrepreneur contacted me to explain the qualities of a good board. In essence, great boards require board members with a broad network within the field, extensive knowledge in a particular issue or problem and strong connections to the financing community. While these qualities are important, the following traits often overlooked in the search for board members who are good – a enthusiasm for the cause, an ability to listen and speak with a sense of humility, and a willingness to go above and beyond – are equally important to ensure that the board is operating at its peak.
A great nonprofit board is passionate about its mission and shows that passion in their actions. The board member is dedicated to helping the people they serve, whether it’s participating in fundraiser walks as well as volunteering at events or lobbying city legislators. This trait can’t be taught, and it is www.boardroomparty.com/does-your-board-need-a-cybersecurity-or-it-committee/ a trait that can define or derail an organization.
A good judgment is a prerequisite to serve on any board however it is particularly important in nonprofit governance. A board that has a poor track record (whether it’s in hiring and firing, or M&A transactions) does the organization a disservice. Good judgment is the result of wisdom, which is derived from making many difficult decisions, experiencing some failures and displaying a lot of intelligence.
The last trait that I believe is essential for the best board members is a sense of the importance of cooperation. The best board members know that their success depends on their ability to work together whether it’s an annual board meeting or a fundraising event. They spend the time to create coalitions among their fellow board members.
