The Board Director space is a highly crowded and discerning vertical to not only break into, but to also stay relevant. Challenges abound with regulation, the need for faster innovation, evolving governance & strategy needs, as well as increasing time commitments. Collectively, these challenges make for an increasingly discerning Board Member vetting and selection process - putting additional pressures on Boards to make the right appointments and for Board candidates to effectively represent their talents for serious consideration.
For both sides of the table, there are common omissions and mistakes that are frequently made in the nominating/vetting process that are worth knowing. Board candidates, however, have an advantage to knowingly avoid certain pitfalls in an effort to make a great first impression when breaking into the consideration pool.
Although I am not formally in the Board Director placement business, I frequently get the opportunity to make Board candidate recommendations when re-architecting Boards or building/implementing the Nominating Committee processes for clients. I am extremely picky when serving in these roles due to the fact that it only takes one wrong Board Member to wreck an otherwise effective Board. Every Director matters, and the following are areas that may help in putting you over the consideration, and subsequently the selection, hurdle.
If you are traveling down the path of Board Directorship, or looking to add additional Board seats to your portfolio, give yourself a significant advantage. Turn these 5 common mistakes into personal centers of excellence in how you present and convey your talents. It may just be the deciding factor in your Board appointment(s).
How will you increase your chances of Board Member appointment?
(Originally appeared in the December 5th, 2018 'Across the Board' publication, a Board Director, Board Advisor, C-Level, and Business Newsletter reaching 26,500+ exceptional business leaders in over 70 countries with articles focused on leadership, strategy, and governance topics - sign up here)