A strong board of directors is crucial to the success of any company. Board members provide guidance to private, public, and non-profit companies of all sizes on a host of issues. These issues may include raising new financing, plotting strategic growth, and increasing profitability. The board also maintains standards of accountability for the company’s employees, officers, and directors. Recruiting and hiring a strong board of directors becomes a significant task in light of these responsibilities. It is a difficult process for all companies no matter the size or character of the organization.
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