As your business grows it will also increase the need for board members to supervise financial management and governance. Often, this is done by elected leadership. Elections are a way to ensure that a board’s leaders are not monopolists on power. They also help build trust among the board members that is independent of management.
In general, the bylaws of your business will identify which committee is responsible for making recommendations to the board and soliciting nominations. This committee is usually the governance or development committee. The board may also choose to appoint an external consultant to help in the process of finding new board members.
After the nominating panel has landed on a list of possible candidates, they need to share details about each candidate with the entire board before the next meeting. This could include bios, resumes, and a description of the experience of the panel that nominated each candidate during the interview process. They should also explain why they think this person is deserving of being selected for the position.
The most effective board members are individuals who not only share a love for your mission but also possess solid moral convictions and integrity. They must be strategic thinkers who are willing to put in their time and energy into the company. They should also be aware of the distinction between governance and management, and be aware of the fact that their primary job is governance. The board members should not be involved in any conflicts of interest either with the organization’s management team or any other board members.
boardroomsecrets.info/explanation-about-how-to-set-up-a-virtual-data-room/
English 
German