How to Ace a Corporate Board Seat Interview
A formal interview is usually conducted when a board recruits new members. Candidates for board positions must be prepared to answer questions ranging from what their talents and attributes will contribute to the organization and why they want to be part of the board. They should also be aware of how they will be able spend on the job.
Garland McLellan is the founder of Board Ready. A board consulting firm. Boards are looking for strategic thinking, not executive thinking. This means that the interviewer is looking for someone who can engage in a conversation at a high level asking good questions and challenge the company’s thought processes.
A good candidate for a board www.boardthrough.com/30-free-and-affordable-software-options-for-nonprofits/ position will share their own perspectives on the business challenges and strategies of a prospective employer, but be willing to listen to the views of other interviewers. They should be able to offer an honest and balanced opinion, even if the company’s performance is not up to scratch.
Interviewers may ask candidates examine the atmosphere and collegiality in the boardroom. This is especially crucial in a publicly traded business where the board’s relationship with shareholders may be at stake. In addition, a board might inquire about whether they have conflicts of interest that could impact their ability to increase the value of. A conflict of interest that is discovered could be detrimental to a board strategy and pose serious legal consequences in the worst case. If an applicant is asked to think about this issue they must be prepared to disclose any relevant relationships and affiliations.