A board directorship is a sought-after career milestone for many experienced executives. Board service not only provides an opportunity to contribute professional skills to another company, but it also offers exposure to different leadership styles, corporate cultures, strategies and risks. Learning the boardroom lens into business issues may expand an executive’s perspectives as a leader outside the boardroom.
It’s a competitive landscape for aspiring board directors, especially as boards reshape and seek candidates with new skills and different perspectives. On the surface, it might appear that there would be great demand for experienced executives to fill board vacancies. However, the reality is that boardroom turnover is usually quite low, with few openings in any given year.
Aspiring directors can take steps to prepare and position themselves to become board-ready. If you are interested in being considered for a board seat, it is important to have a firm grasp of what you anticipate getting out of board service, what the work entails and how you can contribute in the boardroom. Our checklist will assist you to be as prepared as possible to gain a competitive edge in the market
