{"id":2309,"date":"2022-08-02T22:29:44","date_gmt":"2022-08-02T21:29:44","guid":{"rendered":"https:\/\/www.theofficialboard.com\/best-articles\/?p=2309"},"modified":"2022-08-02T22:29:44","modified_gmt":"2022-08-02T21:29:44","slug":"the-path-to-the-boardroom","status":"publish","type":"post","link":"https:\/\/www.theofficialboard.com\/best-articles\/2022-07\/the-path-to-the-boardroom\/","title":{"rendered":"The Path to the Boardroom"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><a href=\"https:\/\/www.egonzehnder.com\/path-to-the-boardroom\">Viewed in <em>EgonZehnder<\/em><\/a><\/p>\n\n\n\n<p>Global management consulting and executive search firm EgonZehnder works with over 600 corporate boards annually. In this article, the firm draws on this extensive experience with corporate boards to answer the question: How precisely does one go about becoming a director on a corporate board?<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Niche<\/h5>\n\n\n\n<p>The answer, EgonZehnder contends, is not so dissimilar from that pursued in an executive job search. Corporate director opportunities do not exist in abundance, but they do exist. Last year, in 2021, 456 new directors were appointed to S&amp;P 500 companies. <\/p>\n\n\n\n<p>Interestingly and perhaps encouraging to those interested in these opportunities, 65 percent of these 456 new directors were not C-suite executives prior to their appointment as directors.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Create a board biography<\/h5>\n\n\n\n<p>The first step in the search for an executive board role is to create a board biography, which is distinct from a CV or resume but draws on the information that likely exists in those documents. <\/p>\n\n\n\n<p>A board biography, EgonZehnder argues, \u201cshould include leadership, mentoring, P&amp;L responsibility, governance knowledge, board exposure and management experiences.\u201d In an <a href=\"https:\/\/www.egonzehnder.com\/cdn\/serve\/article-pdf\/1635180129-d55fffae6a92083c01f624bee119e669.pdf\">addendum<\/a> to this article, the firm describes in detail the content that an executive board candidate should be sure to include in their board biography.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Conversations <\/h5>\n\n\n\n<p>Interviews for board positions tend to be more prolonged conversations than those for traditional full-time positions and likely will include \u201ca series of conversations rather than an HR-style interview.\u201d They also will include meetings and conversations with multiple corporate personnel, including the head of the board nominating committee, the board chair, and the CEO if that person is not the company\u2019s board chair. &nbsp;<\/p>\n\n\n\n<p>In these meetings, a director applicant will want to come armed with specific questions that reflect knowledge of the company and its opportunities and challenges, a list of high-level, credible references who can speak to their readiness for a director role, and synthesized summaries of practical experiences in the applicant\u2019s professional background that point to the value they would bring to a corporate board. &nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Patience&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/h5>\n\n\n\n<p>The final step, EgonZehnder reports, is patience because the selection of a corporate director is a process\u2014 and, like all processes, they take time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Viewed in EgonZehnder Global management consulting and executive search firm EgonZehnder works with over 600 corporate boards annually. In this article, the firm draws on this extensive experience with corporate boards to answer the question: How precisely does one go about becoming a director on a corporate board? Niche The answer, EgonZehnder contends, is not&#8230; <a class=\"continue-reading-link\" href=\"https:\/\/www.theofficialboard.com\/best-articles\/2022-07\/the-path-to-the-boardroom\/\">More<\/a><\/p>\n<a href=\"https:\/\/www.theofficialboard.com\/best-articles\/2022-07\/the-path-to-the-boardroom\/\">Read more...<\/a>","protected":false},"author":1,"featured_media":1557,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[449],"tags":[485,179,489,161,307,493],"class_list":["post-2309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2022-07","tag-biography","tag-board","tag-conversation","tag-egon-zehnder","tag-hiring","tag-patience"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Path to the Boardroom - The Official Board\u2019s Reads<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theofficialboard.com\/best-articles\/2022-07\/the-path-to-the-boardroom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Path to the Boardroom - The Official Board\u2019s Reads\" \/>\n<meta property=\"og:description\" content=\"Viewed in EgonZehnder Global management consulting and executive search firm EgonZehnder works with over 600 corporate boards annually. 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