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DO YOU WANT A BOARD SEAT?
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According to Lightship Research Co. www.lightshipresearch.com. There are approximately 60,000 publicly traded companies and an additional 20,000 private companies with boards of directors in the United States. This results in a total of 80,000 boards nationwide. Experts estimate that the average board tenure lasts approximately eight years, meaning that in any given year, up to 10,000 board seats must be filled.
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The board is responsible for planning the long-term future of a corporation and work side by side with management. Together, the board and the management strive to align long-term goals and the company’s vision with attainable short-term objectives. The board will often work closely with the CEO - the relationship between board members and the CEO/management team is complex and very important. Before even considering accepting a board seat, you may want to ask yourself:
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• Do I believe in the cause/vision of this organization?
..Am I at the particular stage of my life to add the responsibilities of board membership?
• What can I personally contribute to the board?
• What do I hope to gain from being a member of the board?
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If you are interested in learning more or would like to become a board member you may want to consider http://www.lightshipresearch.com/
2 comments:
Thanks for the link Grace. I'll have to keep it in mind. For now, I have way too much on my plate now. I barely find time now. Sounds like a great idea though.
Thanks for sharing.
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