A board member is neither part of the management team nor a passive observer. Their role is to provide oversight, contribute to the organization's strategic direction, and ensure accountability. This requires the courage to act, ask the right questions, and actively participate in decisions that shape the organization's future. Before accepting a board position, it is essential to understand the organization's expectations, the level of commitment required, and its governance culture.

Serving on a board also means accepting the fiduciary responsibilities that come with the role. Directors have duties of loyalty, care, and diligence. In practice, this means taking the time to review board materials, understand the organization's financial and regulatory environment, and, above all, act in the organization's best interests. Ask yourself whether you have the time, expertise, and willingness to take on this level of responsibility. It is equally important to ensure that there are no actual, potential, or perceived conflicts of interest.

You should also ask yourself an important question: Why do I want to serve on this board? Is it to learn, give back, expand your network, or help shape an industry? It is just as important to consider what you bring to the table: sector expertise, financial acumen, risk management experience, strategic insight, or other valuable competencies. A strong alignment between the board's needs and your skills creates value for both you and the organization. Reviewing the ten questions below before accepting a board seat is an excellent way to assess whether the opportunity is the right fit.

No two boards operate in exactly the same way. Before accepting a mandate, take the time to learn about the organization's mission, financial position, reputation, and the working relationship between the board and executive leadership. High-performing boards are built on trust, transparency, and a healthy diversity of perspectives. By contrast, unclear roles or dysfunctional board dynamics can quickly turn a promising opportunity into a frustrating experience. Don't hesitate to request the organization's most recent strategic plan—it will help you determine whether you can make a meaningful contribution. Meeting with both the Board Chair and the Chief Executive Officer (or Executive Director) is also an excellent way to better understand the realities of the organization and its governance.

Finally, make sure the organization's values align with your own before accepting a board position. Don't hesitate to ask questions about culture and values—they are essential to ensuring that your board experience is both meaningful and enjoyable. Once you've completed your due diligence and feel confident in your decision, commit wholeheartedly. You'll have the opportunity to help advance an organization that matters to you, and that is one of the most rewarding contributions you can make.

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Olivier Fiset, Principal Advisor and Denis Risler, Senior Advisor

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Before Saying Yes to a Board: 10 Essential Questions

1. Do I clearly understand the organization's mission, vision, and key challenges?
2. What skills, expertise, and perspectives can I bring to this board?
3. Are the expectations of board members clearly defined?
4. Do I genuinely have the time and availability required to fulfill this role?
5. Is there a clear distinction between the responsibilities of the board and those of executive management?
6. Do I have a good understanding of the organization's financial and operational position?
7. Does the organization provide directors' and officers' (D&O) liability insurance?
8. Does the board foster a culture of healthy, respectful, and strategic discussion?
9. Are my motivations and personal values aligned with the organization's mission—not simply with my own interests?
10. Will this board position allow me to make a meaningful and valuable contribution?

If the answer to any of these questions is unclear, take the time to seek clarification before accepting the appointment.

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