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Getting Ready for a Corporate Director Duty

How can a senior executive succeed as a corporate director? Senior executives interested in becoming a corporate board, preparation is key, as board service presents unique responsibilities, dynamics, risks, and opportunities. It also calls for a distinctive set of skills. This program will equip you with critical tools and insights that will enhance your readiness for corporate board service and enable you to make a lasting contribution at the highest level of an organization.

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Overview

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Prospective Director Profile

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Prospective Director's Values

Key Benefits

 

This board-readiness program examines best practices for corporate boards and explores options and opportunities in corporate board service. You will gain a greater understanding of the role and responsibilities of corporate directors and the challenges you can expect to face in that role. By completing this program, you will signal that you are equipped with the core knowledge needed to be effective as a corporate director.

Maximize your contribution as a board director
  • Confidently assume the role of corporate directors, including legal and fiduciary duties

  • Develop the competence and knowledge to manage critical board tasks

  • Appreciate the role and function of the board chair and board committees, especially those related to audit, compensation, and nomination

  • Engage in collaborative decision-making with colleagues who may have differing perspectives

Expand your leadership capabilities
  • Add value to an organization by overseeing its leadership and strategic direction

  • Deepen your awareness of current and emerging issues facing boards and companies

  • Balance the demands of shareholders with those of other stakeholders in driving long-term corporate performance

  • Interact more effectively with your company's board as a senior executive

  • Become "CEO ready" by using board service as an executive development tool

Analyze board opportunities
  • Evaluate opportunities for board service in various contexts and organizations

  • Perform due diligence before joining a board

  • Assess the time and commitment required to serve on a board

  • Determine the ideal time to join a board and where you can make your greatest contribution

Develop a personal strategy for your board career
  • Clarify your reasons and motivations for joining a board

  • Develop a thoughtful plan for integrating board service into your career

  • Plan how you will balance the board director role with a full-time position

  • Manage your personal reputation as a board director, especially in moments of organizational crisis

Expand your personal and professional network
  • Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries around the globe

  • Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

Who Should Attend

  • Senior executives who are interested in serving on a corporate board

  • Executives who are retired or preparing for retirement and considering board opportunities

  • C-level executives who are board-facing (e.g., CEO, CFO, CHRO, CSO) and seek to strengthen their leadership capabilities

  • Partners from audit or consulting firms

  • Partners and executives of private equity and venture capital firms

  • Nonprofit board directors who aspire to serve on corporate boards

  • New board members who are in small and medium sized firms

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