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The Conversation
The Conversation
Ron Soonieus, Director in Residence, INSEAD

Should private sector executives sit on the boards of non-profits? There are risks and benefits

Serving on a non-profit board can be deeply fulfilling and beneficial to the cause – but only if you’re fully committed and prepared for the role.

It must be flattering to be offered a seat on the board of a non-profit organisation (NPO). After all, the non-profit sector has long valued for-profit executives for their business acumen, result-orientation and decision-making abilities.

Along with their expertise in areas such as finance, legal, human resources, marketing and management, the ability of for-profit executives to translate broad strategic goals into actionable decisions can help non-profit boards navigate complexity and ambiguity with greater confidence. They also often bring extensive networks that can open doors – be it for partnerships, fundraising or advocacy – which can significantly enhance an NPO’s ability to achieve its mission.

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