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Wed, Aug 31 - 4:01 pm ET

Why You Need Your Own Board Of Directors

In large companies, a board of directors is essential. They’re there to inspire, provide feedback and ultimately decide where money should be invested. In smaller companies, boards are less common, but that doesn’t mean you shouldn’t have one.

Instead, it might be time to create your own board of directors. We’re not suggesting you imagine your board of directors the way you imagined your BFF in grammar school because the other kids didn’t want to play with you, but an actual tangible board – one that lives and breathes. No, your pets don’t count.

Take a look around you. What co-workers contribute to your success? Who can you count on to always have your back and be up front and honest, no matter how much it might kick your ego in the face? Those are the people you want on your board. When it comes to big decisions that can either make or break a career or a relationship with a client, you shouldn’t be alone; you should know where to turn.

Having your own personal board of directors helps your fellow co-workers, too. You become an in-office network in which ideas and strategy can grow. You learn to understand each other on a business level and see things with the same eyes, but still bringing your own insight to the situation.

Unlike other boards, the big fancy ones at equally fancy firms, your homegrown board can meet anywhere. And nothing says “board meeting fun” like setting up shop next to the vending machines.

Just because your company doesn’t have the built-in advantages of larger corporations, doesn’t mean you should have to go without. So be creative and innovative; sit down with your co-workers and decide on who should be on your board, who will provide the most insight, and of course, who will be bringing the brownies to the first meeting.

 

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You can reach this post's author, Amanda Chatel, on twitter.
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Career Management