Successful Non-Executive Directors have a strong understanding of the business and challenges ahead. They are also able to establish a healthy relationship with their boardroom colleagues and the Executive team. This means the nature of the person being recruited is as important, often more important, than the “CV” being hired.
The new director's skills and knowledge should complement the current board and its strategy.
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An effective director is one with a proven record of converting knowledge into results, with the reputation and credibility to lead and influence.
While harder to measure traits like skills and knowledge, essential intangibles such as leadership and character can be objectively assessed, given the proper tools.
A prospective director must be available to serve, free from conflicts and commit their time to the role. The board’s expectations and the candidate’s must be in sync.
This is used throughout the Board Progression Planning process to reshape and build a Board team with the required complementary qualities to add distinctive value on what really matters.
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