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How Do I know If I am Board Ready?

4/18/2015

 
While viewpoints vary on what makes a candidate board ready, the following criteria can help to determine your level of board-readiness.

Quantitative Criteria

Aspiring Directors

  • Interest in directorship
  • No private or public board experience
  • Some operational business experience/expertise, but limited enterprise-wide business acumen
  • Currently serve on small not-for-profit board
  • For-profit executive or professional service provider who interacts with boards currently, with longer-term aspirations of serving on boards


Emerging Directors

  •  Experienced executive/professional with good business acumen developed through 15+ years of work  experience, 5+ years in a leadership capacity
  •  Senior management/leadership roles such as C-suite, senior partner, government or military 
  • Former or current director of a small- or medium-sized for-profit corporation, or a mid- to large-sized not-for-profit board 

Seasoned Directors

  • Experienced executive/professional with strong business acumen developed through 20+ years of work  experience, 10+ years in a leadership capacity
  •  Leadership roles such as C-suite, senior partner, government or military
  •  Past or current director of for-profit boards including publicly-listed corporations

Qualitative Criteria

  • Articulate communicator and good listener
  • High level of emotional intelligence ability to understand the dynamics of the boardroom, how to deal with conflict when it arises
  • Ability to balance a sense of unity with an openness to all relevant information even at risk of a fracas from time to time
  • Have a balanced sense of caution and have demonstrated success when taking prudent risks
  • Highly refined ability to self-assess 
  • Can enhance contribution through feedback
  • Can lead when appropriate, but aware of collective responsibility and engagement
  • Can challenge constructively and be supportive when necessary
  •  Sharp mind and good judgment
  • Self-confident without being ego-driven
  • Courage to stand up for that which is in the best interests of the company
  • Team player


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    Author

    Tracy E. Houston, M.A. is the President of Board Resources Services, LLC. She is a refined specialist in board consulting and executive coaching with a heartfelt passion for rethinking performance, teams, and the boardroom. 

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