Ultimately, our bylaws define the criteria for membership eligibility and the Board of Directors is the authority for the bylaws and membership approvals. Also, note that current members are not subject to the new member eligibility criteria.
The following checklist is offered as a simple process for determining whether someone is likely to be accepted for membership.
- Is the person currently working or does the person have recent or other relevant experience working as an executive decision-maker in a business that is more than a solo entrepreneurship? (Solo entrepreneurs and independent contractors probably are not.)
- Is the person currently working or actively pursuing engagement as an executive? (Retired folks are not.)
- Is the person operating at a senior executive level, as evidenced by one of the following:
a. The person holds now or has recently held positions with titles that include the words “chief” or “president” or “executive” or “officer” or other titles for the highest level positions in their organizations AND the title does not include the words “assistant” or “junior”.
b. The person holds now or has recently held positions with other executive titles (e.g. business manager, director, etc.) with significant direct responsibility for at least one of the following:
i. Management of at least 25 people.
ii. Management of a budget of at least $1 million.
iii. Some other critical aspect of an enterprise (e.g. legal compliance, public affairs, etc.)
- Has the person been operating in the types of roles described in item 3 above for at least five years?
If the answer to all four questions is yes, the person is likely to be acceptable for membership. If some of the answers are no, then the person might still be approved by the board, but there is some doubt and significant justification must be presented by the sponsor to ensure acceptability.