Nonprofit service can prepare directors for private company boards.

There is a common, overly simplified and fundamentally mistaken belief that a nonprofit board is a different animal than the board of a privately held company. I’m here to tell you that, particularly from the chair’s perspective, that belief is false. 

Boards are seeking directors who understand the stakeholder perspective.

For owners of private companies, the best returns for the risk undertaken often come from taking into account  the returns for other stakeholders including employees, customers, suppliers and the communities where they  operate. In a sense, it’s a new day for businesses and boards. 

The better the introduction, the sooner the board member can make meaningful contributions.