Article: Research to do before joining a board: while no amount of due diligence can avoid every problem, the more you do, the better you are likely to feel about your ultimate decision.(DIRECTOR RECRUITMENT)

SERVING ON A board of directors today means investing more time and effort in the board's affairs than ever before. A recent National Association of Corporate Directors survey found that directors spent an average of 185 hours a year on board affairs, including board meetings, committee meetings, preparation time, and off-line discussions. Moreover, accepting a board seat is typically a long-term commitment. Even if directors are re-elected annually, board members are generally expected to serve a minimum of five years, and many serve much longer. Consequently, before saying "yes" to a board invitation prospective directors are doing more due diligence than ever. What ...

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