Some simple and actionable advice on getting your board goals back on track for 2021.
The most likely way you will gain a board appointment is by directly approaching an organisation. 15% of all appointments are made this way.
Connections are valuable when it comes to gaining a board appointment and LinkedIn is an under-utilised way to develop these connections.
Your network of business, professional and personal contacts, is the most valuable and transportable asset you have. A properly nourished network can truly work wonders for your board career.
There are 4 key things to work when developing personal or professional connections - your motivation, authenticity, passion & mantra.
People you know and trust, who are connected are not who you should target to get you a board appointment.
53% of all board appointments potentially occur through connections seen rarely or infrequently
The demand for Non Executive Directors never drops. If anything the competition for these positions increases in times of uncertainty.
Commercial board appointments are appealing for many because they offer an opportunity to build your career and you are likely to be remunerated.
Serving on a government board can give you the opportunity to exercise significant leadership, manage multiple-dollar budgets, and oversee more personnel.
Each sector (Government; Private and Not for Profit) have different sorts of board opportunities and all of which have different degrees of governance responsibilities risk and rewards.
Starting early on developing your board career is great in theory - but what do you do when life gets in the way.
People incorrectly think that they don’t have the right level of skills or experience to sit on boards. This is untrue if you are clear on what sort of board you would like to sit on.
A vast number of skills and level of experience are valued at board level. It is not just those with board experience who get appointed to boards.
Defining your board aspirations is your first step. Telling people about them is the next thing you need to do.
Managing your Board expectations and aspirations can be made easier by asking yourself 8 questions. From there you can narrow down the sort of boards that you are likely to be appointed to.
Founded by David Schwarz, Board Direction is the leading Non Executive Director advertising & board career development firm in Australia – no one does what we do or can reference the success that we have had in putting people on boards.
As you are aware, gaining a board role is a highly competitive process. Download our Board Resources Pack and get the tools you need to help separate you from the competition!