Beyond the CV: The True Value of Joining a Not-For-Profit Board as a Non-Executive Director

Beyond the CV: The True Value of Joining a Not-For-Profit Board as a Non-Executive Director

I wrote an article on the risks associated with joining boards of not-for-profits or rather, Public Sector entities. You may read it by clicking HERE. One of the comments (largely around how depressing my article was if you took it out of context and applied it to the nfp's hunt for board non-executives) was that it was a very depressing read! (I paraphrase).

Well, I reflected and here is my take on joining a not-for-profit board.

For the budding non-executive, it is unarguable that the NFP is in the shadow of the commercial sector but the realm of not-for-profit organisations do present a unique and often overlooked opportunity for non-executive directors (NEDs).

While the previous discourse highlighted the challenges in securing non-executive roles within the commercial sector, it is imperative to shift our focus to the not-for-profit sector, where the landscape is markedly different, albeit with its own complexities.

A common misconception is that joining a not-for-profit board is primarily a stepping stone, a means to embellish one’s curriculum vitae with the coveted title of a non-executive role. This perspective, often propagated by those unfamiliar with the nuances of building a robust non-executive portfolio, does a disservice to the true essence and potential impact of such roles. In contrast, the decision to join a not-for-profit board should be underpinned by a genuine desire to contribute, to bring a commercial acumen to organisations that are often in dire need of such expertise. There are many!

For individuals possessing the time and determination to make a tangible difference, the not-for-profit sector offers a fertile ground for applying one’s skills and experience in a context that transcends mere financial gain. It is a chance to inject commerciality into organisations that are driven not by profit, but by purpose. These entities often grapple with unique challenges, from funding constraints to operational inefficiencies, and stand to benefit immensely from the strategic guidance and business acumen that a seasoned NED can provide.

The value of such involvement extends beyond the organisational benefits. For the NED, it represents an opportunity for personal and professional growth. Engaging with a not-for-profit exposes one to new perspectives, challenges one’s assumptions, and hones skills in an environment where resourcefulness and innovation are not just valued but necessary. It is a chance to witness the direct impact of one's contributions, to see how strategic decision-making can drive positive change in communities and sectors that are often under-served and overlooked.

However, this journey is not without its challenges. Not-for-profit boards require a level of commitment and engagement that should not be underestimated. The expectation is not merely to attend meetings and provide oversight but to be actively involved, to advocate for the organisation, and to leverage one's network and expertise in a way that drives the organisation forward. This requires a dedication that goes beyond the pursuit of adding a line on a CV; it demands a passion for making a difference, a commitment to the cause, and a willingness to invest time and effort into the organisation’s success.

In light of these considerations, the decision to join a not-for-profit board should be approached with a sense of responsibility and a clear understanding of the value one can bring. It is an opportunity to apply one’s commercial skills in a setting where they can have a profound impact, to learn and grow in an environment that challenges conventional business thinking, and to contribute to a cause that extends beyond profit and personal gain.

The not-for-profit sector offers a unique and rewarding avenue for those aspiring to non-executive roles. It is a chance to apply one’s skills and experience in a meaningful way, to contribute to the greater good, and to grow both personally and professionally.

We shouldn't overlook the profound impact and immense satisfaction that can come from joining a not-for-profit board, not for the sake of our CVs, but for the value we can add and the difference we can make.

Great piece. I also think taking a NFP role opens your eyes to the very real life issues charitable organisations in the UK face in simply how they get stuff done. Big commercial organisations have the resource and capacity to do (or outsource) so much that doesn't even get into scope for NFP - particularly those that focus on supporting people in the here and now.

Like
Reply

Good piece Ian. Thanks for the clarification

Shaun Hyland

Helping businesses to structure their finances

11mo

Insightful and though provoking piece Ian. There is an interesting debate to be had about the overlap to businesses such as pensions providers, mutuals, building societies, etc... that seem to be losing sight of the purpose of their organisations and focussing on personal reward. I'll get off my soapbox now.

Ewart Lister

Fractional FD / CFO | Interim FD | Business Consultant | Non Exec | Finance Director | Immediately available

11mo

I'd agree Ian, having spent 6 years as a NED earlier in my career I find it invaluable and really rewarding, both in terms of my personal development but also what I was able to contribute for the benefit of the organisation. I'd definitely recommend for those who are considering it.

Deanne Earle

Seasoned Portfolio, Program & Project Consultant | Global | Delivering Extensive Expertise in Medium to Large-scale Tech Change and ERP Implementations | Transformational Change Agent

11mo

Thank you for this post. It's very timely with what I'm thinking in terms of worthy work and whether my background and skills could add tangible value as an aspiring NED.

To view or add a comment, sign in

More articles by Ian Wright

Insights from the community

Others also viewed

Explore topics