Look before you leap into a director role
Leading author on corporate governance, David W Duffy, advises that becoming a non-executive director carries serious responsibilities and risks
While it may be flattering to be asked to serve on a board, due diligence should be carried out, proportionate to the risks involved, to ensure that it is worth proceeding with.
It can be easy to say yes and difficult to say no, but you only have one reputation. When it’s gone, it’s gone.
So, before accepting, make sure you understand all that the role entails. Familiarise yourself with the company and ...
